General Dynamics Corporation (GD)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.25 | 3.83 | 3.84 | 3.70 | 3.84 | 3.58 | 3.57 | — | 3.34 | — | — | — | 3.33 | — | — | — | — | — | — | — | |
| DSO | days | 85.86 | 95.22 | 95.15 | 98.52 | 94.99 | 101.97 | 102.32 | — | 109.32 | — | — | — | 109.48 | — | — | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.25
= 85.86
Based on the data provided, General Dynamics Corporation's Days Sales Outstanding (DSO) has shown fluctuations over the years.
As of December 31, 2021, the DSO was at 109.48 days, indicating that on average, it took the company about 109.48 days to collect its accounts receivable. This may suggest a longer collection period, which could potentially impact the company's cash flow and liquidity.
However, in the following periods, there was a gradual improvement in DSO. By December 31, 2024, the company managed to reduce its DSO to 85.86 days, suggesting a more efficient collection process and potentially better management of accounts receivable.
Overall, the trend indicates that General Dynamics Corporation has been able to enhance its collection efficiency over time, which is a positive sign for the company's financial health and working capital management.
Peer comparison
Dec 31, 2024
See also:
General Dynamics Corporation Average Receivable Collection Period (Quarterly Data)