Boise Cascad Llc (BCC)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 390.16 | 26.10 | 17.09 | 13.90 | 20.05 | |
| DSO | days | 0.94 | 13.98 | 21.35 | 26.27 | 18.21 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 390.16
= 0.94
Boise Cascade Co's Days Sales Outstanding (DSO) has fluctuated over the past five years, ranging from 13.94 days to 26.08 days. The DSO for Dec 31, 2023, stands at 19.95 days. This indicates that on average, the company takes approximately 19.95 days to collect its accounts receivables from customers.
Comparing the current DSO to the previous years, we observe that DSO decreased from 26.08 days in 2020 to 21.29 days in 2021, followed by a further decrease to 13.94 days in 2022 before slightly increasing to 19.95 days in 2023. The decreasing trend from 2020 to 2022 suggests an improvement in the company's efficiency in collecting receivables. However, the slight increase in DSO in 2023 may indicate a slower collection process.
Overall, while the DSO for 2023 is higher compared to 2022, it is still lower than the DSO for 2020 and 2021. Boise Cascade Co may need to monitor its receivables management closely to ensure a healthy balance between timely collections and maintaining good customer relationships.
Peer comparison
Dec 31, 2023