CSW Industrials, Inc. (CSW)

The Days of Sales Outstanding (DSO) for CSW Industrials, Inc. over the specified period demonstrates a general trend of improvement followed by a slight fluctuation. As of March 31, 2021, the DSO stood at approximately 84.19 days, indicating that on average, it took the company about 84 days to collect payments from its customers. Over the subsequent year, there was a notable reduction, with the DSO declining to approximately 71.55 days as of March 31, 2022, suggesting an enhancement in the company's receivables collection efficiency.

This downward trend continued into the fiscal year ending March 31, 2023, with the DSO decreasing further to around 59.12 days, which reflects a significant improvement in the company's accounts receivable management and potentially faster cash conversion cycles. However, in the fiscal year ending March 31, 2024, the DSO increased slightly to approximately 65.68 days, indicating a modest deterioration in collection performance or changes in customer payment terms.

By March 31, 2025, the DSO remained relatively stable, at approximately 65.55 days, maintaining a level similar to that of the previous year. Overall, the trend in DSO suggests that CSW Industrials has experienced notable progress in reducing the time it takes to collect receivables from its customers over the two-year period from 2021 to 2023, though there was some stabilization and slight increase in the subsequent years. This pattern may reflect varying factors such as changes in credit policies, customer payment behaviors, or industry conditions affecting receivables turnover.

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Mar 31, 2025