Healthcare Services Group Inc (HCSG)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Based on the provided data, the days of sales outstanding (DSO) for Healthcare Services Group Inc are not available for the periods mentioned, as denoted by "— days" across all dates from March 31, 2020, to December 31, 2024. This lack of specific DSO information makes it challenging to assess the efficiency of the company in collecting its accounts receivable.
DSO is a crucial metric that helps in understanding how quickly a company collects payments from its customers. A lower DSO typically indicates a more efficient accounts receivable management process, whereas a higher DSO may suggest potential issues with collections or credit policies.
Without the DSO values provided in the data, it is difficult to analyze the trend over time and compare Healthcare Services Group Inc's performance in managing its receivables with industry benchmarks or its historical performance. To gain insights into the company's efficiency in collecting receivables, availability of detailed financial data with DSO values for future analysis would be necessary.