BWX Technologies Inc (BWXT)
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 | 17.69 | 25.18 | 24.14 | 25.52 | 28.45 | 19.34 | 35.71 | 31.24 | 36.32 | 30.05 | 25.01 | 35.62 | 29.65 | 36.06 | 34.12 | 35.98 | 13.69 | 23.96 | 31.29 | 31.63 | |
| DSO | days | 20.64 | 14.49 | 15.12 | 14.30 | 12.83 | 18.87 | 10.22 | 11.68 | 10.05 | 12.15 | 14.60 | 10.25 | 12.31 | 10.12 | 10.70 | 10.14 | 26.66 | 15.24 | 11.66 | 11.54 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 17.69
= 20.64
The Days Sales Outstanding (DSO) is a measure of how long it takes a company to collect on its accounts receivable. A lower DSO indicates faster collection of receivables and efficient management of credit and collections.
Analyzing the DSO trend for BWX Technologies Inc from March 31, 2020, to December 31, 2024, we observe fluctuations in the number of days it takes the company to collect its sales.
- From March 2020 to September 2020, the DSO increased from 11.54 days to 15.24 days, indicating a slight delay in collections.
- However, by December 2021, there was a significant spike in DSO to 26.66 days, reflecting a potential issue with collections efficiency.
- Subsequently, the company managed to improve its collections, as seen by decreasing DSO figures in the following quarters, reaching as low as 10.05 days by December 2022.
- In the latter part of the period, there were fluctuations in DSO, with some quarters showing an increase and others a decrease. For example, by September 2024, the DSO had increased to 14.49 days from the low in December 2022.
Overall, while there were fluctuations in the DSO metric over the period, BWX Technologies Inc generally showed improvement in managing its accounts receivable efficiently, as indicated by the mixed trend of decreasing and increasing DSO figures. Continued monitoring of DSO is essential to ensure a healthy cash flow and efficient working capital management.
Peer comparison
Dec 31, 2024