Hayward Holdings Inc (HAYW)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Receivables turnover | 3.27 | 5.32 | 6.43 | |
| DSO | days | 111.69 | 68.63 | 56.80 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.27
= 111.69
Hayward Holdings Inc's Days Sales Outstanding (DSO) has shown an increasing trend over the past three years. In particular, the DSO increased from 54.19 days in 2021 to 65.63 days in 2022, and further to 103.30 days in 2023. This indicates that the company is taking longer to collect its accounts receivable, which may raise concerns about its liquidity and cash flow management. A higher DSO could suggest potential issues with credit policies, collection procedures, or the quality of receivables. Management should closely monitor and analyze the reasons behind this trend to improve efficiency and maintain financial stability.
Peer comparison
Dec 31, 2023