Heritage Financial Corporation (HFWA)

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 Heritage Financial Corporation are not available for any of the specified reporting dates from March 31, 2020, to December 31, 2024. DSO is a financial ratio that measures the average number of days a company takes to collect revenue after a sale has been made. In this case, the absence of DSO data indicates that specific information related to accounts receivable turnover and the efficiency of the company in collecting payments from its customers is not available for the period mentioned. Typically, a lower DSO value signifies that a company is efficient in collecting receivables, while a higher DSO value may indicate potential issues with collections or credit policies. Without the DSO figures, it is challenging to assess Heritage Financial Corporation's effectiveness in managing its accounts receivable and the turnover of its sales revenue during the specified periods.