Century Communities Inc (CCS)

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		—	—	—	—	—	—	—	—	9.10	—	—	8.55	8.53	—	1,610.76	1,481.99	1,298.76	1,205.67	1,111.00	1,013.40
DSO	days	—	—	—	—	—	—	—	—	40.09	—	—	42.71	42.77	—	0.23	0.25	0.28	0.30	0.33	0.36

December 31, 2024 calculation

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

Century Communities Inc has seen a decreasing trend in its days of sales outstanding (DSO) from 0.36 days as of March 31, 2020, to 0.23 days as of June 30, 2021. This indicates that the company was able to collect its accounts receivable more efficiently over this period.

However, there is a significant increase in DSO as of December 31, 2021, and as of March 31, 2022, with the DSO standing at 42.77 days and 42.71 days, respectively. This spike may raise concerns about the company's credit control and collection efforts during this period.

Subsequently, the DSO shows a decrease to 40.09 days as of December 31, 2022. The lack of data for the subsequent periods does not allow for a comprehensive trend analysis. It could be inferred that Century Communities Inc may have implemented measures to improve its accounts receivable collection efficiency, evident from the reduced DSO towards the end of the available data.

Overall, close monitoring of the DSO trend in upcoming periods will be crucial to determine whether the company is maintaining an efficient collection process and managing its accounts receivable effectively.