Jacobs Solutions Inc. (J)
Days of sales outstanding (DSO)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 5.48 | 4.48 | 4.46 | 4.53 | 6.70 | 4.47 | 4.43 | 4.47 | 4.40 | 4.49 | 4.42 | 4.78 | 4.59 | 4.37 | 4.17 | 4.07 | 4.21 | 4.20 | 4.10 | 4.26 | |
| DSO | days | 66.60 | 81.41 | 81.81 | 80.62 | 54.48 | 81.59 | 82.38 | 81.72 | 82.94 | 81.23 | 82.67 | 76.37 | 79.49 | 83.48 | 87.63 | 89.67 | 86.72 | 86.91 | 89.06 | 85.71 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.48
= 66.60
To analyze Jacobs Solutions Inc.'s days of sales outstanding (DSO) trend, we look at the historical data from December 2019 to September 2024:
- The DSO has fluctuated over this period, ranging from a low of 54.48 days to a high of 89.67 days.
- In general, the DSO seems to have a gradual upward trend, with peaks occurring in March 2021, June 2021, and December 2021, followed by a slight decrease in September 2022, followed by a gradual increase again.
- The most recent DSO figure of 66.60 days as of September 30, 2024, is lower than previous periods, indicating an improvement in collections efficiency.
- The significant variations in DSO suggest potential issues in collections management or changes in the company's credit policies that may have impacted accounts receivable turnover.
- It would be beneficial for Jacobs Solutions Inc. to closely monitor and potentially improve their accounts receivable management process to reduce DSO and enhance cash flow efficiency.
- Further analysis may be required to understand the specific drivers behind the fluctuations in DSO and to implement strategies to optimize working capital management.
Peer comparison
Sep 30, 2024