Arch Resources Inc (ARCH)
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 | 11.43 | 11.09 | 13.31 | 12.53 | 15.54 | 16.96 | 7.20 | 8.12 | 6.53 | 7.71 | 9.59 | 10.88 | 13.05 | 12.94 | 15.84 | 14.29 | 13.53 | 11.56 | 13.10 | 12.39 | |
| DSO | days | 31.94 | 32.92 | 27.43 | 29.14 | 23.48 | 21.52 | 50.70 | 44.93 | 55.89 | 47.31 | 38.05 | 33.54 | 27.97 | 28.22 | 23.04 | 25.54 | 26.98 | 31.58 | 27.86 | 29.47 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 11.43
= 31.94
To analyze Arch Resources Inc's Days Sales Outstanding (DSO) trend, we look at the DSO figures provided for each quarter over the past five years. DSO represents the average number of days it takes for a company to collect revenue after a sale has been made.
From Dec 2019 to Dec 2023, we observe fluctuations in DSO. In the recent quarter, Dec 2023, DSO was 31.94 days, which increased slightly from the previous quarter's 32.92 days. This indicates that on average, it took Arch Resources Inc around 31.94 days to collect its outstanding sales at the end of Dec 2023.
Looking at the trend, we see a general decrease in DSO from Dec 2019 to Dec 2022, indicating an improvement in the company's collections efficiency. However, there was a notable increase in DSO in Jun 2022 to 50.70 days, which declined in subsequent quarters.
Overall, the company has experienced fluctuations in DSO over the analyzed period, with some quarters showing improved collections efficiency and some showing a slight increase in the time taken to collect sales. It is important for Arch Resources Inc to monitor its DSO closely to ensure timely collection of receivables and maintain healthy cash flow operations.
Peer comparison
Dec 31, 2023