Century Communities Inc (CCS)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		—	—	9.11	8.53	1,298.76
DSO	days	—	—	40.09	42.78	0.28

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

The Days of Sales Outstanding (DSO) for Century Communities Inc has shown notable fluctuations over the years. At the end of December 2020, the DSO was exceptionally low at 0.28 days, indicating a swift collection of accounts receivable. However, by December 2021, the DSO had increased significantly to 42.78 days, suggesting a slower collection cycle for the company.

Subsequently, as of December 31, 2022, the DSO improved slightly to 40.09 days, although it remained elevated compared to the 2020 levels. Unfortunately, the data for December 31, 2023, and December 31, 2024, are not available (denoted by "— days"), which limits a comprehensive analysis of the trend.

The increase in DSO from 2020 to 2021 might raise concerns about potential liquidity issues or inefficiencies in accounts receivable management. The subsequent decline in DSO in 2022 is a positive sign, albeit not back to the initial low levels seen in 2020. Without further data, it is challenging to ascertain the reasons behind the fluctuations or predict future performance accurately. Tracking DSO over time and comparing it to industry benchmarks can provide valuable insights into Century Communities Inc's financial health and efficiency in managing receivables.