Boise Cascad Llc (BCC)
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 | 390.16 | 587.89 | 709.36 | 17.56 | 26.10 | 16.09 | 13.91 | 12.36 | 17.09 | 15.48 | 11.95 | 11.02 | 13.91 | 11.58 | 13.22 | 14.01 | 20.05 | 14.77 | 14.23 | 15.98 | |
| DSO | days | 0.94 | 0.62 | 0.51 | 20.78 | 13.98 | 22.69 | 26.23 | 29.54 | 21.35 | 23.58 | 30.53 | 33.12 | 26.24 | 31.52 | 27.61 | 26.06 | 18.21 | 24.71 | 25.65 | 22.84 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 390.16
= 0.94
To analyze Boise Cascade Co's Days of Sales Outstanding (DSO) based on the provided data, we calculate the average DSO for each quarter over the eight-quarter period.
Average DSO for Q4 2023 to Q1 2022:
(19.95 + 25.63 + 25.15 + 20.71 + 13.94 + 22.62 + 26.15 + 29.45) / 8 = 22.38 days
The company's average DSO over the period was 22.38 days. This implies that on average, it takes Boise Cascade Co around 22.38 days to collect its accounts receivable from customers. A lower DSO indicates a more efficient collection process, while a higher DSO suggests that the company is taking longer to collect payments.
Boise Cascade Co's DSO has fluctuated over the eight-quarter period, ranging from a low of 13.94 days in Q4 2022 to a high of 29.45 days in Q1 2022. The variability in DSO may indicate changes in the company's credit policies, customer payment behavior, or sales volume.
It is essential for Boise Cascade Co to closely monitor and manage its DSO to ensure timely collection of accounts receivable and maintain healthy cash flow levels. Any significant deviations from the average DSO should be investigated to identify potential issues and implement appropriate strategies for improvement.
Peer comparison
Dec 31, 2023