CSW Industrials, Inc. (CSW)
Days of sales outstanding (DSO)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 5.10 | 5.57 | 7.48 | 6.21 | 5.70 | 5.48 | 7.44 | 6.13 | 5.99 | 6.17 | 7.13 | 5.57 | 4.62 | 5.10 | 6.46 | 5.02 | 4.37 | 4.34 | 5.12 | 5.39 | |
| DSO | days | 71.51 | 65.55 | 48.81 | 58.78 | 64.08 | 66.58 | 49.06 | 59.59 | 60.92 | 59.12 | 51.22 | 65.58 | 78.96 | 71.55 | 56.47 | 72.75 | 83.47 | 84.19 | 71.23 | 67.66 |
June 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.10
= 71.51
The analysis of CSW Industrials, Inc.'s days of sales outstanding (DSO) reveals notable fluctuations over the observed period from September 30, 2020, through June 30, 2025. Initially, the DSO increased from approximately 67.66 days in September 2020 to a peak of 84.19 days in March 2021, indicating a lengthening in the duration it takes the company to collect receivables. Following this peak, the DSO experienced a decreasing trend, reaching a low of 48.81 days in December 2024. This decline suggests an improvement in the company's receivables collection efficiency during that time.
However, subsequent readings showed some variability, with the DSO increasing again to 65.55 days by March 2025 before rising further to 71.51 days in June 2025. Overall, the data demonstrates periods of both deterioration and improvement in receivables management, with the general trend indicating a possible stabilization around the mid-50s to low-60s days range in recent quarters. The fluctuations may reflect changes in credit policies, customer payment behaviors, or operational factors impacting collection cycles. Nonetheless, the decreasing trend in DSO across the later periods signifies enhanced effectiveness in receivables collection and cash flow management over time.
Peer comparison
Jun 30, 2025