ESCO Technologies Inc (ESE)
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 | 4.93 | 4.77 | 4.85 | 4.99 | 5.51 | 5.18 | 4.76 | 5.45 | 5.36 | 4.88 | 5.30 | 5.68 | 5.02 | 5.05 | 5.48 | 4.99 | 4.96 | 4.65 | 4.78 | 5.00 | |
| DSO | days | 73.98 | 76.52 | 75.28 | 73.07 | 66.21 | 70.48 | 76.73 | 66.97 | 68.12 | 74.79 | 68.84 | 64.24 | 72.76 | 72.27 | 66.64 | 73.22 | 73.54 | 78.50 | 76.44 | 72.98 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.93
= 73.98
The days of sales outstanding (DSO) metric for Esco Technologies, Inc. has shown some fluctuations over the past eight quarters. In Q1 2024, the DSO was 73.24 days, which was a slight decrease from the previous quarter's 75.81 days in Q4 2023. This indicates that the company was able to collect its accounts receivable quicker in Q1 2024.
Comparing Q1 2024 to the same quarter in the previous year, there was an increase in DSO from 65.77 days in Q1 2023 to 73.24 days in Q1 2024. This suggests that the company took longer to collect its accounts receivable in the most recent quarter compared to a year ago.
Analyzing the trend over the past eight quarters, the DSO has fluctuated within a range of 65.77 days to 76.46 days. It is essential for Esco Technologies, Inc. to closely monitor and manage its DSO to ensure efficient collections and optimize cash flow. Further analysis of the underlying factors influencing these fluctuations would be beneficial in identifying areas for improvement in managing accounts receivable effectively.
Peer comparison
Dec 31, 2023