ANGI Homeservices Inc (ANGI)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 32.32 | 26.59 | 26.28 | 19.97 | 34.02 | |
| DSO | days | 11.29 | 13.73 | 13.89 | 18.27 | 10.73 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 32.32
= 11.29
The days of sales outstanding (DSO) for ANGI Homeservices Inc. demonstrates notable fluctuations over the period from December 31, 2020, to December 31, 2024. Starting at approximately 10.73 days at the end of 2020, the DSO increased significantly to 18.27 days by the end of 2021, indicating a lengthening in the average time taken to collect receivables. This increase suggests potential challenges in receivables management or shifts in customer payment behaviors during that period.
Subsequently, the DSO decreased to 13.89 days by December 31, 2022, reflecting an improvement in collection efficiency or changes in credit policies. The value remained relatively stable into 2023, decreasing slightly to 13.73 days, which indicates a stabilization in the receivables collection cycle.
By the end of 2024, the DSO further contracted to 11.29 days, aligning closely with the levels observed in 2020. This trend suggests that the company has effectively managed its receivables, decreasing the average collection period and thereby potentially improving cash flow management. Overall, the observed fluctuation from a low of 10.73 days to a high of 18.27 days, followed by a gradual reduction to 11.29 days, indicates periods of both challenge and recovery in the company's receivables collection performance.
Peer comparison
Dec 31, 2024