Concentra Group Holdings Parent, Inc. (CON)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Receivables turnover | 8.73 | — | — | — | |
| DSO | days | 41.82 | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.73
= 41.82
Based on the data provided, Concentra Group Holdings Parent, Inc.'s days of sales outstanding (DSO) was not available for December 31, 2021, December 31, 2022, and December 31, 2023. However, for December 31, 2024, the DSO was 41.82 days.
The DSO ratio reflects the average number of days it takes for a company to collect revenue after a sale has been made. A lower DSO indicates more efficient collection processes, faster cash conversion, and potentially better liquidity management. On the other hand, a higher DSO may suggest inefficiencies in the company's accounts receivable management and could impact cash flows and working capital.
Concentra Group Holdings Parent, Inc. saw a DSO of 41.82 days as of December 31, 2024. It would be essential for the company to monitor this ratio over time to ensure effective credit and collection policies are in place and to maximize cash flow efficiency.
Peer comparison
Dec 31, 2024