The Boeing Company (BA)

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 29.37 24.99 24.99 24.65 26.46 22.98 20.27 25.37 23.58 27.95 24.76 23.97 29.75 22.00 23.85 21.97 23.44 24.41 28.00 27.44
DSO days 12.43 14.61 14.60 14.81 13.79 15.88 18.00 14.39 15.48 13.06 14.74 15.23 12.27 16.59 15.31 16.61 15.57 14.95 13.03 13.30

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 29.37
= 12.43

To analyze Boeing Co.'s days of sales outstanding (DSO), we can observe the trend and fluctuations in the DSO over the past eight quarters. DSO measures the average number of days a company takes to collect revenue after a sale is made.

Looking at the data, we note that the DSO has fluctuated over the quarters, with a low of 51.45 days on Dec 31, 2023, and a high of 74.45 days on Jun 30, 2022. A decreasing trend can be observed from Jun 30, 2022, to Dec 31, 2023, indicating that Boeing Co. has been collecting its revenue faster during these quarters.

A lower DSO suggests that the company is more efficient in collecting its accounts receivable and converting sales into cash, which can be a positive indicator. However, it's important to consider the context and industry benchmarks when interpreting DSO, as it can be influenced by the company's credit policies, customer payment terms, and industry norms.

Overall, the decreasing trend in DSO for Boeing Co. indicates improved efficiency in collecting revenue, potentially leading to better cash flow and overall financial health.

Peer comparison

Dec 31, 2023

Company name
Symbol
DSO
The Boeing Company
BA
12.43
AeroVironment Inc
AVAV
137.64

See also:

The Boeing Company Average Receivable Collection Period (Quarterly Data)