Hayward Holdings Inc (HAYW)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 3.28 | 6.21 | 5.77 | — | 5.35 | — | — | — | 6.45 | ||||
| DSO | days | 111.16 | 58.79 | 63.28 | — | 68.25 | — | — | — | 56.58 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.28
= 111.16
The days of sales outstanding (DSO) measure for Hayward Holdings Inc has shown significant fluctuations over the past eight quarters. In Q4 2023, the DSO spiked to 103.30 days, indicating that on average, it took the company over 100 days to collect revenue from its sales. This is a notable increase from the previous quarter's DSO of 55.79 days, suggesting a potential slowdown in collections efficiency.
Looking at historical trends, Q1 2023 also stood out with a DSO of 110.15 days, representing a prolonged collection period compared to the prior quarters. In contrast, Q3 2022 had the lowest DSO at 28.15 days, indicating a relatively quick collection cycle during that period.
Overall, the variance in DSO figures may reflect changes in the company's credit policies, customer payment behavior, or operational inefficiencies. Investors and stakeholders should further investigate the reasons behind these fluctuations to assess the impact on cash flow and overall business performance.
Peer comparison
Dec 31, 2023