Fox Corp Class A (FOXA)

Days of sales outstanding (DSO)

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Receivables turnover 6.59 5.91 6.85 6.57 6.36
DSO days 55.35 61.72 53.28 55.58 57.37

June 30, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.59
= 55.35

The days of sales outstanding (DSO) for Fox Corp Class A over the period from June 30, 2021, to June 30, 2025, exhibit notable fluctuations. As of June 30, 2021, the DSO was approximately 57.37 days, indicating the company took just under two months to collect accounts receivable. By June 30, 2022, the DSO slightly decreased to 55.58 days, reflecting a modest improvement in the collection period. The trend continued to improve through June 30, 2023, with the DSO further declining to 53.28 days, approaching an average collection period of around 1.75 months.

However, a reversal of this trend occurred in the subsequent period, with the DSO increasing significantly to 61.72 days as of June 30, 2024. This rise suggests a deterioration in collection efficiency or potential changes in credit terms, leading to longer periods to collect receivables. By June 30, 2025, the DSO decreased again to 55.35 days, approaching levels observed a few years prior.

Overall, the DSO trend demonstrates a pattern of incremental improvements up to mid-2023, followed by a notable spike in 2024, and then a partial recovery in 2025. These fluctuations could be influenced by factors such as changes in customer credit policies, shifts in sales mix, economic conditions affecting customer payments, or internal collection strategies. The variation in DSO levels suggests the need for ongoing monitoring to understand underlying causes and to optimize receivables management strategies.