Arch Resources Inc (ARCH)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 11.43 | 15.54 | 6.53 | 13.05 | 13.50 | |
| DSO | days | 31.94 | 23.48 | 55.89 | 27.97 | 27.04 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 11.43
= 31.94
The Days of Sales Outstanding (DSO) measure for Arch Resources Inc has fluctuated over the past five years. In 2023, the DSO stands at 31.94 days, showing an increase from the previous year's 23.48 days. This indicates that, on average, it takes Arch Resources Inc approximately 31.94 days to collect its accounts receivable from customers in 2023. Comparing to 2021, where the DSO was 55.89 days, there has been a significant improvement in collecting receivables more efficiently. However, the DSO in 2023 is still higher than the levels observed in 2020 and 2019, which were 27.97 days and 27.04 days, respectively. This suggests that there may be areas for further improvement in managing the company's accounts receivable turnover and collection processes to optimize cash flow and working capital efficiency.
Peer comparison
Dec 31, 2023