BWX Technologies Inc (BWXT)
Days of sales outstanding (DSO)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 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 | 40.27 | 31.63 | 32.14 | 33.20 | |
| DSO | days | 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 | 9.06 | 11.54 | 11.36 | 10.99 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 28.45
= 12.83
The days of sales outstanding (DSO) for BWX Technologies Inc has shown some fluctuations over the past 8 quarters. In Q4 2023, the DSO was 20.72 days, which decreased compared to the previous quarter Q3 2023, where it was 30.46 days. This indicates an improvement in the company's ability to collect revenue from customers in a timely manner.
Looking back further, in Q4 2022, the DSO was 22.27 days, which was lower compared to Q3 2022, where it was 30.31 days. The DSO seems to have been generally decreasing over the quarters in 2022 and 2023, except for certain fluctuations.
On average, the company takes around 25 days to collect revenue from its customers, as indicated by the average DSO across the 8 quarters. It is important for the company to closely monitor its DSO to ensure efficient cash flow management and healthy working capital levels. Overall, the trend in DSO for BWX Technologies Inc suggests a reasonable management of accounts receivable.
Peer comparison
Dec 31, 2023