Fox Corp Class A (FOXA)

Days of sales outstanding (DSO)

Jun 30, 2024 Mar 31, 2024 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
Receivables turnover 5.92 5.62 4.86 6.18 6.85 5.48 4.78 6.24 6.57 5.79 4.54 5.99 6.36 5.78 4.56 6.19 6.52 5.05 4.28 5.46
DSO days 61.65 64.99 75.17 59.07 53.28 66.63 76.40 58.50 55.58 63.00 80.43 60.89 57.37 63.19 80.02 59.01 56.01 72.22 85.19 66.82

June 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.92
= 61.65

Based on the data provided, Fox Corp Class A's Days of Sales Outstanding (DSO) has varied over the past few quarters. DSO is a measure of how long it takes for a company to collect payment from its sales.

The DSO for Fox Corp Class A has ranged from a low of 53.28 days in June 2023 to a high of 85.19 days in September 2019. A lower DSO indicates that the company is collecting payments from customers more quickly, which can be a positive sign of efficient accounts receivable management.

It is worth noting that there have been fluctuations in the DSO over the quarters, with some periods showing longer collection times (such as December 2019 and December 2023) and others showing shorter collection times (such as June 2023 and June 2022). These fluctuations may be influenced by factors such as changes in customer payment behavior, sales volume, or the effectiveness of the company's credit and collection policies.

Overall, monitoring DSO trends can provide insights into Fox Corp Class A's accounts receivable management practices and its ability to efficiently collect payments from customers. Further analysis and comparison with industry benchmarks or historical data can help to assess the company's performance in this area.


Peer comparison

Jun 30, 2024