Brunswick Corporation (BC)
Days of sales outstanding (DSO)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Receivables turnover | 12.98 | 12.55 | 12.05 | 12.88 | 12.38 | |
DSO | days | 28.12 | 29.09 | 30.30 | 28.34 | 29.48 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 12.98
= 28.12
The Days of Sales Outstanding (DSO) for Brunswick Corp. have shown a slight improvement over the past five years, indicating efficient management of accounts receivable. The DSO decreased from 29.48 days in 2019 to 28.12 days in 2023. This trend suggests that the company has been able to collect its outstanding receivables more quickly, which is a positive indicator of strong liquidity and effective credit management. Overall, the decreasing trend in DSO reflects Brunswick Corp.'s ability to efficiently convert its credit sales into cash, potentially improving its cash flow and overall financial health.
Peer comparison
Dec 31, 2023
Company name
Symbol
DSO
Brunswick Corporation
BC
28.12
BWX Technologies Inc
BWXT
12.89
Cummins Inc
CMI
0.87