Crane NXT Co (CXT)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 6.38 | 6.63 | 6.75 | 5.88 | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 57.20 | 55.03 | 54.10 | 62.03 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) for Crane NXT Co has exhibited a downward trend over the past few quarters, indicating that the company is collecting its accounts receivable more efficiently. As of December 31, 2020, the DSO stood at 57.20 days, showing a slight increase from the previous quarter. It is essential for the company to monitor this metric closely to ensure timely collection of receivables and maintain healthy cash flow. The absence of DSO data for the subsequent periods up to December 31, 2024, hinders further analysis of the company's accounts receivable management effectiveness beyond 2020.
Peer comparison
Dec 31, 2024
Company name
Symbol
DSO
Crane NXT Co
CXT
—
Crane Company
CR
—
Parker-Hannifin Corporation
PH
3.98
Watts Water Technologies Inc
WTS
—