Alphabet Inc Class C (GOOG)
Days of sales outstanding (DSO)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Receivables turnover | 6.67 | 6.37 | 6.99 | 6.40 | 5.82 | |
DSO | days | 54.75 | 57.29 | 52.24 | 57.05 | 62.76 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.67
= 54.75
Based on the data provided, Alphabet Inc Class C's days of sales outstanding (DSO) have shown a decreasing trend over the past five years. As of December 31, 2020, the DSO was 62.76 days, which decreased to 57.05 days as of December 31, 2021. This downward trend continued, with the DSO further declining to 52.24 days by December 31, 2022.
However, there was a slight increase in the DSO to 57.29 days by December 31, 2023, before decreasing again to 54.75 days by December 31, 2024. Overall, the decreasing trend indicates that Alphabet Inc Class C has been improving its efficiency in collecting receivables from its customers over the years, which can be a positive sign of strong financial management and liquidity position.
Peer comparison
Dec 31, 2024