American States Water Company (AWR)

Days of sales outstanding (DSO)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Receivables turnover 8.99 10.30 9.68 8.07 8.86
DSO days 40.58 35.43 37.70 45.22 41.19

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.99
= 40.58

The Days of Sales Outstanding (DSO) ratio for American States Water Company has exhibited fluctuations over the past five years.

- As of December 31, 2020, the DSO was 41.19 days, indicating that on average, the company took around 41 days to collect outstanding receivables.
- By December 31, 2021, the DSO had increased to 45.22 days, suggesting a slight slowdown in the collection of receivables.
- However, by the end of 2022, the DSO reduced to 37.70 days, indicating an improvement in the company's efficiency in collecting receivables.
- The trend continued in 2023, with DSO further decreasing to 35.43 days, reflecting an even more efficient management of accounts receivable.
- The DSO increased slightly in 2024 to 40.58 days, although it remained lower than the 2021 levels, showcasing a reasonable performance in receivables management overall.

Overall, the DSO ratio for American States Water Company has shown some variability year over year, but it appears that the company has been successful in managing its accounts receivable efficiently, with a decreasing trend observed in recent years.