Green Brick Partners Inc (GRBK)
Days of sales outstanding (DSO)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Receivables turnover | — | — | — | — | — | |
DSO | days | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) measure for Green Brick Partners Inc has fluctuated over the past five years. In 2023, the DSO stood at 2.18 days, increasing from 1.10 days in 2022 but remaining relatively consistent with 2.18 days in 2019. The DSO reached its lowest point in 2022 at 1.10 days, indicating the company was able to efficiently collect its accounts receivable within a short period. The increase in DSO in 2023 may suggest a slightly slower collection of receivables compared to the previous year. Overall, the varying trend in DSO values over the years highlights the importance of monitoring the company's accounts receivable management efficiency and collection practices.
Peer comparison
Dec 31, 2023