Warrior Met Coal Inc (HCC)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 10.77 | 15.43 | 11.16 | 8.03 | 8.87 | |
| DSO | days | 33.89 | 23.66 | 32.70 | 45.43 | 41.16 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 10.77
= 33.89
The Days Sales Outstanding (DSO) ratio for Warrior Met Coal Inc has fluctuated over the years based on the provided data.
- As of December 31, 2020, the company had a DSO of 41.16 days, indicating that on average, it took around 41 days for the company to collect its accounts receivable.
- By December 31, 2021, the DSO increased to 45.43 days, suggesting a slight deterioration in the company's collection efficiency.
- However, by December 31, 2022, there was a significant improvement as the DSO decreased to 32.70 days, which could be a positive sign of better accounts receivable management.
- The trend continued with a further reduction in DSO to 23.66 days as of December 31, 2023, indicating an even more efficient collection process.
- Finally, by December 31, 2024, the DSO increased to 33.89 days, although still below the levels seen in previous years.
Overall, the company's DSO has shown some variability, with improvements in collections efficiency seen in some years and slight deteriorations in others. It is important for the company to continue monitoring and managing its accounts receivable effectively to ensure timely collection of revenues.
Peer comparison
Dec 31, 2024