CSW Industrials Inc (CSWI)
Days of sales outstanding (DSO)
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 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 | 5.24 | 5.15 | |
| DSO | days | 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 | 69.68 | 70.83 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.48
= 48.81
The days of sales outstanding (DSO) for CSW Industrials Inc have fluctuated over the past few years. From March 31, 2020, to December 31, 2022, the DSO ranged between 51.22 days to 84.19 days, with some variability in between. This indicates that on average, it took the company between 51.22 to 84.19 days to collect its accounts receivable.
In the most recent periods, from March 31, 2023, to December 31, 2024, there has been a downward trend in DSO, decreasing from 59.12 days to 48.81 days. A decreasing DSO is generally a positive sign as it suggests that the company is improving its receivables collection efficiency.
Overall, monitoring DSO trends is crucial as it reflects the effectiveness of the company's credit and collection policies. A decreasing DSO typically indicates efficient accounts receivable management, while an increasing DSO may signal potential issues with collecting outstanding payments.
Peer comparison
Dec 31, 2024