HCA Holdings Inc (HCA)
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 | 6.52 | 6.88 | 7.11 | 7.03 | 6.77 | 6.99 | 6.97 | 7.01 | 7.26 | 7.05 | 7.48 | 7.19 | 7.31 | 7.90 | 8.13 | 7.46 | 6.96 | 6.80 | 6.58 | 6.26 | |
| DSO | days | 55.95 | 53.06 | 51.36 | 51.90 | 53.88 | 52.20 | 52.40 | 52.07 | 50.29 | 51.75 | 48.77 | 50.78 | 49.94 | 46.18 | 44.87 | 48.90 | 52.47 | 53.66 | 55.50 | 58.32 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.52
= 55.95
HCA Healthcare Inc's Days Sales Outstanding (DSO) is a measure of the average number of days it takes for the company to collect payments from its customers after making a sale. A lower DSO indicates that the company is collecting payments more quickly, while a higher DSO suggests slower collections.
Analyzing the trend in HCA Healthcare Inc's DSO over the past eight quarters, we observe a relatively stable pattern with slight fluctuations. The DSO ranged from 51.36 days to 55.95 days during Q1 2023 to Q4 2023. Overall, the company's DSO has remained within a narrow range, indicating consistent efficiency in collecting payments from customers.
The DSO trend suggests that HCA Healthcare Inc has been effectively managing its accounts receivable and maintaining steady cash flows. However, it would be beneficial for the company to continue monitoring and optimizing its credit and collection processes to ensure timely receipt of payments and efficient working capital management.
Peer comparison
Dec 31, 2023
See also:
HCA Holdings Inc Average Receivable Collection Period (Quarterly Data)