Six Flags Entertainment Corporation (FUN)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 16.43 | — | — | — | — | |
| DSO | days | 22.21 | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 16.43
= 22.21
Based on the data provided for Six Flags Entertainment Corporation, the Days Sales Outstanding (DSO) stood at "22.21 days" as of December 31, 2024. This metric indicates the average number of days it takes for the company to collect revenue after making a sale. A lower DSO is generally considered favorable as it suggests efficient collection practices and effective management of accounts receivable. In this case, the DSO of 22.21 days in 2024 implies that Six Flags has been able to swiftly convert its sales into cash receipts within a reasonable timeframe, which is a positive sign for the company's liquidity and working capital management. It is important for the company to continue monitoring and managing its DSO to ensure optimal cash flow and financial performance in the future.
Peer comparison
Dec 31, 2024