Comcast Corp (CMCSA)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		8.80	9.58	9.69	9.03	9.65
DSO	days	41.47	38.09	37.66	40.41	37.83

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.80
= 41.47

The Days of Sales Outstanding (DSO) ratio measures the average number of days it takes for a company to collect revenue from its sales. Comcast Corp's DSO over the past five years has shown some fluctuations.

In 2023, the DSO increased to 41.47 days from 38.09 days in 2022. This suggests that Comcast took longer to collect revenue from its sales in 2023 compared to the previous year, which could indicate potential difficulties in collecting receivables or changes in the company's credit policies.

In 2022, the DSO decreased to 38.09 days from 37.66 days in 2021. This improvement indicates that Comcast was able to collect revenue from its sales more efficiently in 2022 compared to 2021, which could be a positive sign for the company's cash flow management.

In 2021, the DSO slightly decreased to 37.66 days from 40.41 days in 2020. This reduction reflects an improvement in the company's collection process, indicating that Comcast was able to convert sales into cash more quickly in 2021 compared to the previous year.

In 2020, the DSO increased to 40.41 days from 37.83 days in 2019. This suggests that Comcast took longer to collect revenue from its sales in 2020 compared to 2019, which may indicate challenges in receivables management or changes in customer payment behavior.

In 2019, the DSO decreased slightly to 37.83 days from the previous year. This indicates that Comcast was able to collect revenue from its sales more efficiently in 2019 compared to 2018, which could have positively impacted the company's working capital and overall financial health.

Overall, the trend in Comcast's DSO shows some variability, which may indicate fluctuations in the efficiency of the company's accounts receivable management and collection processes over the past five years. It is important for investors and analysts to closely monitor changes in the DSO ratio to assess Comcast's ability to manage its receivables effectively and maintain healthy cash flows.