Dupont De Nemours Inc (DD)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		5.10	5.23	7.78	8.43	5.66
DSO	days	71.60	69.78	46.93	43.32	64.51

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.10
= 71.60

DuPont de Nemours Inc's Days Sales Outstanding (DSO) has shown a fluctuating trend over the past five years. The DSO indicates the average number of days the company takes to collect revenue after making a sale.

In 2023, the DSO increased to 71.68 days from 70.61 days in 2022, which could suggest a slight delay in collecting payments from customers compared to the previous year. However, the DSO in 2023 is still lower than the levels seen in 2021, when it was 59.42 days, indicating that the company was more efficient in collecting payments in 2021.

Comparing the DSO for 2023 to 2020 and 2019, there has been a gradual increase in the DSO over the past three years. This may indicate a longer collection period for the company, which could potentially impact cash flow and working capital management.

Overall, DuPont de Nemours Inc's DSO trend in recent years suggests some variability in the efficiency of its accounts receivable management. Further analysis of factors influencing DSO, such as changes in credit terms, customer payment behavior, and the company's collection processes, would provide additional insights into the company's liquidity and credit risk management.