IDACORP Inc (IDA)

The days of sales outstanding (DSO) for Idacorp, Inc. have fluctuated over the past five years, indicating varying efficiencies in collecting accounts receivable.

In 2023, the DSO stands at 55.18 days, showing an increase from the previous year but still higher than the levels seen in 2021 and 2020. This suggests that Idacorp may be taking longer to collect payments from customers in the current year.

Comparing to 2022, the increase in DSO could signify potential challenges in accounts receivable management or changing customer payment patterns. It may be prudent for Idacorp to assess its credit policies and collection processes to optimize cash flow and minimize the risk of bad debts.

On a positive note, the DSO in 2021 was relatively lower at 45.92 days, indicating improved efficiency in receivables collection compared to the years before. This lower DSO suggests that Idacorp was able to convert its accounts receivable into cash more quickly in 2021, potentially indicating effective credit control and collection efforts.

In 2020 and 2019, the DSO figures were also relatively low at 43.27 days and 43.14 days, respectively, reflecting consistent performance in managing accounts receivable during those years.

Overall, Idacorp's DSO trend highlights the importance of monitoring and optimizing accounts receivable management practices to maintain healthy cash flows and financial performance.

Peer comparison

Dec 31, 2023