ITT Inc (ITT)

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 5.16 4.40 4.91 4.52 4.86 4.79 4.58 4.57 4.75 4.61 4.68 4.54 4.98 4.98 4.86 4.60 4.88 5.08 5.63 4.90
DSO days 70.67 82.91 74.34 80.83 75.07 76.20 79.62 79.92 76.82 79.20 78.00 80.48 73.28 73.34 75.10 79.35 74.76 71.91 64.80 74.43

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.16
= 70.67

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

Looking at the trend, we see that the DSO for ITT Inc ranged between 64.80 days to 82.91 days over the period from March 31, 2020, to December 31, 2024. The company experienced a peak DSO of 82.91 days on September 30, 2024, indicating an increase in the time taken to collect payments from customers. Conversely, the lowest DSO of 64.80 days occurred on June 30, 2020, suggesting more efficient collection processes during that period.

Overall, the DSO for ITT Inc has been hovering around 70-80 days in recent quarters, indicating that the company takes, on average, around 2 to 3 months to collect outstanding payments. It's essential for the company to monitor and potentially improve its DSO to ensure timely cash flow and efficient working capital management.