Curtiss-Wright Corporation (CW)
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 | 4.51 | 4.31 | 4.43 | 4.56 | 4.72 | 4.27 | 4.37 | 4.42 | 4.31 | 4.26 | 4.33 | 4.61 | 4.76 | 3.74 | 3.82 | 3.87 | 4.06 | 3.75 | 4.05 | 3.98 | |
| DSO | days | 81.01 | 84.70 | 82.37 | 80.06 | 77.33 | 85.47 | 83.60 | 82.51 | 84.76 | 85.60 | 84.20 | 79.25 | 76.63 | 97.65 | 95.62 | 94.42 | 89.86 | 97.43 | 90.17 | 91.67 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.51
= 81.01
The days of sales outstanding (DSO) for Curtiss-Wright Corporation fluctuated over the period from March 31, 2020, to December 31, 2024. The DSO indicates the average number of days it takes for the company to collect revenue after making a sale.
Based on the provided data, the DSO ranged from a high of 97.65 days on September 30, 2021, to a low of 76.63 days on December 31, 2021. This implies that during the period, the company was able to improve its collection efficiency significantly.
Overall, there were fluctuations in the DSO metric over the years, which can be influenced by various factors such as changes in sales patterns, credit policies, and efficiency in accounts receivable management.
Analyzing the trends in DSO can provide insights into the company's effectiveness in managing its receivables and the overall health of its cash flow. Companies often strive to keep DSO at optimal levels to ensure timely collections and maintain liquidity.
Peer comparison
Dec 31, 2024