Helix Energy Solutions Group Inc (HLX)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | |
| DSO | days | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) ratio for Helix Energy Solutions Group Inc is not provided in the data for the years spanning from December 31, 2020, to December 31, 2024. This ratio is a key indicator of how efficiently the company is able to collect its accounts receivable, as it measures the average number of days it takes for a company to collect payment after making a sale. Without specific DSO values, it is challenging to assess the company's effectiveness in managing its accounts receivable and liquidity. A low DSO generally indicates that the company is efficient in collecting payments, while a high DSO may suggest potential issues with credit policies or collections processes. Investors and analysts typically use the DSO ratio to evaluate a company's cash flow and working capital management strategies.
Peer comparison
Dec 31, 2024