Harley-Davidson Inc (HOG)
Days of sales outstanding (DSO)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 21.84 | 2.45 | 2.61 | 2.35 | 22.82 | 2.67 | 2.70 | 2.77 | 3.24 | 2.77 | 2.56 | 2.07 | 2.45 | 2.28 | 2.07 | 1.98 | 2.12 | 2.16 | 2.04 | 1.99 | |
| DSO | days | 16.71 | 148.90 | 139.89 | 155.64 | 16.00 | 136.69 | 134.98 | 131.85 | 112.70 | 131.92 | 142.60 | 175.99 | 148.78 | 160.41 | 175.94 | 183.91 | 172.35 | 169.06 | 179.05 | 183.67 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 21.84
= 16.71
The Days of Sales Outstanding (DSO) for Harley-Davidson, Inc. has shown a fluctuating trend over the past eight quarters. In Q4 2023, the DSO was 16.71 days, which decreased compared to the previous quarter (Q3 2023), indicating that the company took fewer days to collect its accounts receivable. This may suggest efficient credit management or prompt customer payments during the period.
Looking further back, the DSO was also relatively low in Q4 2022 at 16.00 days, showcasing a similar trend of efficient accounts receivable management in the same quarter of the previous year. However, the DSO increased in subsequent quarters of 2022, peaking at 20.62 days in Q2 2022, then decreasing again in Q2 2023.
Overall, while there have been fluctuations in the DSO over the periods analyzed, the recent decrease in Q4 2023 compared to the prior quarter could be a positive indication of improved collections efficiency for Harley-Davidson, Inc.
Peer comparison
Dec 31, 2023