Green Brick Partners Inc (GRBK)
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 | Sep 30, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
To analyze Green Brick Partners Inc's Days Sales Outstanding (DSO) over the past eight quarters, we observe that there has been fluctuation in the DSO figures.
In Q4 2023, the DSO increased to 2.18 days compared to the previous quarter of 2.07 days. This increase might indicate that the company is taking slightly longer to collect its accounts receivable compared to the previous quarter.
Looking back to Q1 2023 and Q2 2023, the DSO was at 1.47 days and 1.46 days, respectively, which were lower than the most recent quarters. A lower DSO implies that the company was able to collect its outstanding receivables more quickly during those periods.
Comparing to the same quarter in the previous year, Q4 2022 had a lower DSO of 1.10 days. This indicates that Green Brick Partners Inc was more efficient in collecting its receivables in Q4 2022 compared to Q4 2023.
On the whole, it is essential for Green Brick Partners Inc to monitor its DSO closely to ensure efficient management of accounts receivable and timely collection to maintain healthy cash flows. The trend in DSO over the quarters can provide insights into the company's effectiveness in collecting payments from customers.
Peer comparison
Dec 31, 2023