Belden Inc (BDC)
Days of sales outstanding (DSO)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Receivables turnover | 6.01 | 6.07 | 5.92 | 6.00 | 5.90 | |
DSO | days | 60.77 | 60.13 | 61.63 | 60.82 | 61.83 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.01
= 60.77
Based on the data provided for Belden Inc's Days Sales Outstanding (DSO), we observe the following trend over the years:
- As of December 31, 2020, the DSO was 61.83 days.
- By December 31, 2021, the DSO decreased slightly to 60.82 days.
- In the following years, the DSO remained relatively stable, with values of 61.63 days, 60.13 days, and 60.77 days recorded for the years ending on December 31, 2022, 2023, and 2024, respectively.
Overall, the company has effectively managed its DSO, maintaining consistent levels around the 60-day mark over the years analyzed. This stability in DSO indicates that Belden Inc has been efficient in collecting its accounts receivable, which is a positive indicator of its liquidity and ability to convert sales into cash. It also suggests effective credit management practices, timely invoice processing, and strong customer relationships, leading to a steady cash flow cycle for the company.
Peer comparison
Dec 31, 2024