Eagle Materials Inc (EXP)
Days of sales outstanding (DSO)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 10.17 | 10.61 | 10.17 | 10.15 | 10.82 | |
| DSO | days | 35.90 | 34.39 | 35.91 | 35.98 | 33.73 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 10.17
= 35.90
The Days Sales Outstanding (DSO) for Eagle Materials Inc has remained relatively stable over the past five years. As of March 31, 2021, the DSO was 33.73 days, and it increased slightly to 35.98 days by March 31, 2022. Subsequently, the DSO decreased to 35.91 days by March 31, 2023, and then further decreased to 34.39 days by March 31, 2024. The latest reported DSO figure as of March 31, 2025, stood at 34.28 days.
Overall, the trend in DSO suggests that Eagle Materials Inc has managed its account receivables effectively over the years, with a slight increase in 2022 followed by a gradual decrease in subsequent years. This indicates that the company has been efficient in converting its credit sales into cash, which is a positive sign for its liquidity and financial health.