Installed Building Products Inc (IBP)

Days Sales Outstanding (DSO) is a metric used to measure the average number of days it takes for a company to collect payment from its customers after making a sale. A lower DSO typically indicates that a company is able to collect its accounts receivable more quickly, which can be a sign of strong cash flow management.

For Installed Building Products Inc, the DSO has shown a slight fluctuation over the past five years. In 2023, the DSO was 55.61 days, which was slightly higher compared to the previous year at 54.31 days. This suggests that the company took slightly longer to collect payment from customers in 2023.

Looking back further, in 2021 the DSO was 57.99 days, while in 2020 and 2019 it was 58.85 days and 59.04 days, respectively. These numbers indicate a relatively consistent performance in managing accounts receivable over the three-year period, with the company maintaining a moderate level of efficiency in collecting payments from customers.

Overall, while there has been some variability in the DSO for Installed Building Products Inc, the company has generally been able to manage its accounts receivable effectively by collecting payments within a reasonable timeframe. Continued monitoring of the DSO will be important to ensure that the company maintains efficient cash flow management practices.

Peer comparison

Dec 31, 2023