The Ensign Group Inc (ENSG)
Days of sales outstanding (DSO)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Receivables turnover | 7.48 | 7.67 | 7.41 | 7.99 | 7.88 | |
DSO | days | 48.83 | 47.57 | 49.27 | 45.67 | 46.34 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.48
= 48.83
The days of sales outstanding (DSO) for The Ensign Group Inc have shown some fluctuations over the past five years. As of December 31, 2020, the DSO stood at 46.34 days, slightly decreasing to 45.67 days by the end of 2021. However, there was an increase in DSO to 49.27 days by December 31, 2022, followed by a decrease to 47.57 days by the end of 2023. Most recently, as of December 31, 2024, the DSO was at 48.83 days.
Overall, the trend indicates that the company has been able to effectively manage its accounts receivable turnover, although there have been some variations in DSO levels. The company may want to continue monitoring its DSO closely to ensure timely collection of receivables and efficient management of cash flow.
Peer comparison
Dec 31, 2024