Ecolab Inc (ECL)

Days of sales outstanding (DSO)

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Receivables turnover 5.11 5.03 4.98 5.10 4.98 4.88 4.84 4.98 4.89 4.94 4.88 4.75 5.06 5.23 5.85 4.97 5.07 5.14 5.06 5.17
DSO days 71.37 72.56 73.34 71.60 73.29 74.84 75.46 73.33 74.66 73.90 74.83 76.81 72.15 69.74 62.43 73.49 72.05 71.05 72.10 70.64

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.11
= 71.37

Ecolab, Inc.'s Days Sales Outstanding (DSO) has shown a decreasing trend over the past four quarters, indicating that the company is collecting its accounts receivable more efficiently. In Q4 2023, the DSO decreased to 71.98 days from 73.18 days in the previous quarter. This improvement is consistent with the gradual reduction observed since Q2 2022 when the DSO was 76.24 days.

Overall, the declining DSO trend suggests that Ecolab is managing its accounts receivable effectively, possibly through more rigorous credit policies, improved collection processes, or a focus on working capital management. By collecting receivables faster, the company may be enhancing its cash flow and liquidity position, which can be beneficial for its overall financial health and operational efficiency.


Peer comparison

Dec 31, 2023


See also:

Ecolab Inc Average Receivable Collection Period (Quarterly Data)