Belden Inc (BDC)
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 | 6.01 | 5.45 | 5.84 | 6.75 | 6.07 | 5.45 | 5.22 | 6.31 | 5.92 | 5.86 | 5.86 | 6.40 | 6.00 | 4.93 | 5.05 | 5.25 | 5.90 | 5.78 | 6.52 | 6.82 | |
| DSO | days | 60.77 | 66.92 | 62.49 | 54.07 | 60.13 | 67.03 | 69.86 | 57.82 | 61.63 | 62.28 | 62.29 | 57.06 | 60.82 | 74.10 | 72.34 | 69.54 | 61.83 | 63.17 | 55.98 | 53.51 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.01
= 60.77
Days Sales Outstanding (DSO) is a key financial ratio that measures the average number of days it takes a company to collect outstanding receivables. For Belden Inc, the DSO has fluctuated over the past few years.
From March 31, 2020, to June 30, 2021, Belden Inc experienced an increasing trend in DSO, reaching a peak of 74.10 days on September 30, 2021. This could indicate potential issues with accounts receivable management or difficulties in collecting payments from customers.
However, there was a slight improvement in DSO by December 31, 2021, and a more noticeable decrease by March 31, 2022. This improvement continued through the end of 2022, with DSO stabilizing in the range of 57 to 63 days.
The DSO increased again in June 30, 2023, before dropping back to 54.07 days by December 31, 2024. This suggests that Belden Inc made efforts to efficiently manage its accounts receivable and collect payments in a timely manner.
Overall, Belden Inc should continue to monitor its DSO closely to ensure effective credit and collection practices, as a lower DSO indicates faster collections and better cash flow management.
Peer comparison
Dec 31, 2024