Frontier Communications Parent Inc (FYBR)

Days of sales outstanding (DSO)

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 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018
Receivables turnover 12.89 12.83 13.39 13.44 12.69 13.96 14.44 15.82 14.26 13.29 12.94 11.60 11.25 11.90 11.58 11.35 11.21 10.68 10.68
DSO days 28.31 28.44 27.26 27.15 28.76 26.14 25.28 23.07 25.60 27.46 28.21 31.46 32.44 30.67 31.52 32.15 32.56 34.17 34.16

December 31, 2023 calculation

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

The Days Sales Outstanding (DSO) is a measure of how efficiently a company is able to collect its accounts receivable. A lower DSO indicates that the company is collecting payments from customers more quickly, which is usually a positive sign.

Analyzing the DSO trend for Frontier Communications Parent Inc over the past several quarters shows varying levels of efficiency in collecting payments. In the most recent quarter, ending December 31, 2023, the DSO was 28.31 days, which is slightly lower compared to the previous quarter. This indicates that the company was able to collect payments a bit more efficiently during this period.

Looking back further, there has been some fluctuation in DSO levels over the past few quarters. The trend shows that DSO has generally been around the high 20s to low 30s range, with some quarters showing lower DSO figures. However, there was a noticeable increase in DSO in the first half of 2022, reaching a peak of 31.46 days in June 2022, before improving in the following quarters.

Overall, Frontier Communications Parent Inc's DSO trend suggests that the company has been managing its accounts receivable reasonably well, although there have been some fluctuations in efficiency. It is important for the company to continue monitoring and improving its collection processes to ensure timely receipt of payments and optimize cash flow.


Peer comparison

Dec 31, 2023