B&G Foods Inc (BGS)
Days of sales outstanding (DSO)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Receivables turnover | 10.65 | 13.60 | 13.69 | 13.70 | 13.20 | |
DSO | days | 34.29 | 26.84 | 26.66 | 26.63 | 27.65 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 10.65
= 34.29
The Days Sales Outstanding (DSO) of B&G Foods Inc has been relatively stable over the years, decreasing from 27.65 days as of December 31, 2020, to 26.63 days as of December 31, 2021. The metric continued to remain consistent around the 26-27 day range through the following years, indicating efficient management of accounts receivable. However, there was a notable increase in DSO to 34.29 days as of December 31, 2024, which suggests a potential delay in collecting payments from customers. B&G Foods Inc may need to closely monitor and possibly improve its credit and collection policies to maintain optimal cash flow and operational efficiency.
Peer comparison
Dec 31, 2024