Concentra Group Holdings Parent, Inc. (CON)
Days of sales outstanding (DSO)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
---|---|---|---|---|---|
Receivables turnover | 8.73 | 8.08 | 8.09 | — | |
DSO | days | 41.82 | 45.18 | 45.09 | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.73
= 41.82
The days of sales outstanding (DSO) for Concentra Group Holdings Parent, Inc. varied across the quarters in 2024. In March 2024, the DSO was not provided. Subsequently, in June and September 2024, the DSO stood at 45.09 days and 45.18 days, respectively. There was a decrease in DSO to 41.82 days by December 2024. Overall, it is important to monitor DSO as a lower number indicates quicker collection of accounts receivable, potentially improving the company's liquidity position and overall financial health.
Peer comparison
Dec 31, 2024
Company name
Symbol
DSO
Concentra Group Holdings Parent, Inc.
CON
41.82
Acadia Healthcare Company Inc
ACHC
54.89