Cabot Corporation (CBT)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 5.45 | 5.66 | 5.17 | 5.29 | 6.25 | |
| DSO | days | 66.99 | 64.53 | 70.62 | 69.06 | 58.37 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.45
= 66.99
Cabot Corporation's days of sales outstanding (DSO) have shown a fluctuating trend over the past five years. In 2024, the DSO increased to 66.99 days from 64.53 days in 2023. This suggests that the company took slightly longer to collect its accounts receivable in 2024.
Comparing to 2022 and 2023, the DSO in 2024 was lower than the 70.62 days in 2022, indicating an improvement in the company's efficiency in collecting receivables. However, the DSO in 2024 was higher than the 58.37 days in 2020, suggesting a longer collection period compared to the previous years.
Overall, the DSO trend for Cabot Corporation indicates some variability in the efficiency of its accounts receivable management over the past five years. Further investigation into the reasons behind these fluctuations and any initiatives taken by the company to manage its DSO levels would provide a more comprehensive understanding of its financial performance in this aspect.
Peer comparison
Sep 30, 2024