Brinks Company (BCO)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) measure is used to evaluate how efficiently a company is managing its accounts receivable. A lower DSO implies quicker collection of sales, while a higher DSO indicates slower collections.
Based on the provided data for Brinks Company, the DSO figures are not available for any of the reporting periods from March 31, 2020, to December 31, 2024. The absence of DSO data for these periods makes it challenging to assess the efficiency of Brinks Company in collecting its accounts receivable promptly.
In order to conduct a more comprehensive analysis of the company's cash collection performance, it would be essential to have the actual DSO values for each reporting period. Without this information, it is difficult to provide insights into Brinks Company's ability to convert its credit sales into cash successfully within a reasonable timeframe.
It is advisable for Brinks Company to ensure that DSO metrics are monitored and reported accurately in future financial statements to facilitate a better assessment of the company's working capital management and liquidity position.
Peer comparison
Dec 31, 2024