Smith AO Corporation (AOS)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 6.44 | 6.45 | 6.32 | 6.36 | 6.44 | 6.75 | 6.19 | 6.15 | 5.57 | 5.41 | 5.30 | 5.65 | 4.94 | 4.90 | 5.37 | 5.48 | 5.06 | 4.96 | 4.84 | 4.77 | |
| DSO | days | 56.64 | 56.62 | 57.73 | 57.41 | 56.65 | 54.11 | 58.96 | 59.32 | 65.51 | 67.46 | 68.81 | 64.55 | 73.91 | 74.54 | 67.93 | 66.58 | 72.10 | 73.59 | 75.40 | 76.54 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.44
= 56.64
Based on the data provided, A.O. Smith Corp.'s days of sales outstanding (DSO) have shown some fluctuation in recent quarters. In Q4 2023, the DSO stood at 56.46 days, which is slightly higher compared to the previous quarter at 56.41 days. The DSO levels in Q4 2023 and Q3 2023 indicate efficient management of accounts receivable, as the company is able to collect receivables within a relatively consistent timeframe. Furthermore, the DSO has shown a decreasing trend since Q2 2022, where it peaked at 59.25 days. This declining trend suggests effective credit management practices and timely collection of sales proceeds. Overall, while there have been slight variations in DSO figures, the general trend indicates that A.O. Smith Corp. has been managing its accounts receivable effectively during the periods under review.
Peer comparison
Dec 31, 2023