GE HealthCare Technologies Inc. (GEHC)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | 3,214.00 | ||||
| DSO | days | — | 0.11 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Based on the provided data, GE HealthCare Technologies Inc. had a Days Sales Outstanding (DSO) of 0.11 days as of September 30, 2023, which indicates that on average, the company collects its accounts receivable within less than a day. This low DSO figure suggests that the company is efficient in collecting payments from its customers, which can be a positive sign of strong cash flow management and effective credit policies. A low DSO can also indicate healthy customer relationships and timely invoicing practices. However, it is important to note that a very low DSO figure may also suggest overly strict credit terms that could potentially impact sales. Overall, a DSO of 0.11 days reflects a highly efficient accounts receivable management process within GE HealthCare Technologies Inc.
Peer comparison
Dec 31, 2023