Haverty Furniture Companies Inc (HVT)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | 473.91 | 624.77 | 578.84 | 526.05 | 508.54 | 506.39 | 469.21 | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.77 | 0.58 | 0.63 | 0.69 | 0.72 | 0.72 | 0.78 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
To analyze Haverty Furniture Cos., Inc.'s days of sales outstanding (DSO) trend, we need detailed data on DSO for each quarter provided above. Unfortunately, the specific numbers for each quarter are not available in the given table, limiting our ability to perform a comprehensive analysis of the company's DSO trend over the specified periods. For a detailed assessment of the efficiency of accounts receivable collections and sales credit policies, it would be beneficial to have the actual DSO figures to calculate and compare values across quarters and years.
Without the exact DSO figures, it is challenging to evaluate the effectiveness of Haverty Furniture Cos., Inc.'s credit management policies in converting credit sales into cash efficiently. A rising DSO trend could indicate potential difficulties in collecting accounts receivable promptly, which might lead to liquidity issues for the company. On the other hand, a declining DSO trend could signal improved working capital management and faster cash conversion cycles, enhancing the company's overall financial health.
To provide a more insightful analysis of Haverty Furniture Cos., Inc.'s DSO performance, access to the actual DSO values for the specified quarters would be required for deeper interpretation and comparison. This data would enable us to assess the company's efficiency in managing accounts receivable, determining the effectiveness of credit policies, and evaluating the impact on cash flow and overall financial performance.
Peer comparison
Dec 31, 2023