Frontier Communications Parent Inc (FYBR)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		12.89	12.69	14.00	12.94	11.58
DSO	days	28.31	28.76	26.08	28.21	31.52

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 12.89
= 28.31

The Days Sales Outstanding (DSO) of Frontier Communications Parent Inc has shown some fluctuations over the past five years. In 2023, the DSO decreased slightly to 28.31 days from 28.76 days in 2022. This indicates that the company took slightly fewer days to collect its accounts receivable in 2023 compared to the previous year.

Looking at the trend over the past five years, the DSO was lowest in 2021 at 26.08 days, showing an improvement in the efficiency of the company in collecting payments from customers. However, there was a slight increase in 2022 and a further increase in 2019, indicating a potential slowdown in collections efficiency during those years.

Overall, it is important for Frontier Communications Parent Inc to closely monitor its DSO to ensure timely collection of accounts receivable, which can help improve cash flow and overall financial health.