Fresh Del Monte Produce Inc (FDP)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 8.35 | 8.21 | 8.81 | 8.93 | 9.66 | |
| DSO | days | 43.70 | 44.43 | 41.43 | 40.87 | 37.80 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.35
= 43.70
Fresh Del Monte Produce Inc has shown a slight increase in its days of sales outstanding (DSO) over the years, from 37.80 days as of December 31, 2020, to 43.70 days as of December 31, 2024. This indicates that on average, it takes the company longer to collect payments from its customers in recent years. A rising DSO could imply difficulties in collecting receivables promptly, which may impact the company's cash flow and liquidity. Fresh Del Monte Produce Inc should closely monitor its DSO and implement strategies to improve its receivables management to ensure efficient cash flow operations.
Peer comparison
Dec 31, 2024