Hubbell Inc (HUBB)

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		7.41	6.26	6.19	6.28	6.79	6.11	6.34	6.46	6.60	5.98	6.00	5.91	6.69	5.58	5.71	5.87	7.48	5.91	6.71	6.45
DSO	days	49.26	58.30	58.98	58.16	53.73	59.79	57.57	56.48	55.28	61.00	60.80	61.76	54.55	65.38	63.96	62.17	48.78	61.74	54.41	56.57

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.41
= 49.26

The days of sales outstanding (DSO) for Hubbell Inc has shown some fluctuations over the past few years based on the data provided. DSO represents the average number of days it takes for the company to collect payment after making a sale.

From March 31, 2020, to December 31, 2024, the DSO figures ranged from a low of 48.78 days to a high of 65.38 days. This indicates potential changes in the company's efficiency in collecting receivables from customers over this period.

Overall, there seems to be a slight upward trend in DSO from the end of 2020 to the end of 2024, with some volatility along the way. It is important for Hubbell Inc to monitor and manage its DSO effectively as an increase in this metric could indicate potential issues with collections, credit policies, or customer payment behaviors.

It would be advisable for the company to conduct a detailed analysis of the reasons behind the fluctuations in DSO and implement strategies to optimize its accounts receivable management to ensure a healthy cash flow position and efficient operations.