Hilton Grand Vacations Inc (HGV)
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 | 15.81 | 11.79 | 8.45 | 8.16 | 7.85 | 8.96 | 8.35 | 7.93 | 7.50 | 9.25 | 8.46 | 6.44 | 7.73 | 6.15 | 4.50 | 7.01 | 7.51 | 10.55 | 3.76 | 11.01 | |
| DSO | days | 23.08 | 30.96 | 43.19 | 44.76 | 46.52 | 40.74 | 43.72 | 46.01 | 48.63 | 39.46 | 43.16 | 56.67 | 47.21 | 59.37 | 81.19 | 52.08 | 48.59 | 34.60 | 96.95 | 33.16 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 15.81
= 23.08
Days Sales Outstanding (DSO) measures the average number of days a company takes to collect revenue after a sale is made. For Hilton Grand Vacations Inc, the DSO fluctuated over the periods provided in the dataset.
In March 2020, the DSO was 33.16 days, indicating a relatively efficient collection process. However, by June 2020, the DSO had increased significantly to 96.95 days, suggesting a slowdown in the collection of receivables. The DSO improved in the following quarters until reaching a low of 23.08 days by December 2024, indicating a more efficient collection process and possibly better credit control or customer payment behavior.
Overall, the trend shows some variability in DSO over the quarters, with periods of improvement and deterioration. It is essential for Hilton Grand Vacations Inc to closely monitor and manage its DSO to ensure timely collection of receivables and optimize its cash flow.