KBR Inc (KBR)
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 | ||
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Receivables turnover | 6.98 | 6.66 | 7.14 | 6.90 | 6.74 | 6.42 | 6.26 | 6.02 | 6.72 | 8.13 | 7.37 | 7.25 | 5.06 | 5.01 | 6.20 | 6.46 | 6.26 | 5.89 | 6.04 | 5.38 | |
DSO | days | 52.31 | 54.84 | 51.13 | 52.89 | 54.16 | 56.84 | 58.30 | 60.62 | 54.28 | 44.90 | 49.55 | 50.34 | 72.10 | 72.84 | 58.83 | 56.48 | 58.29 | 61.92 | 60.42 | 67.86 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.98
= 52.31
Days Sales Outstanding (DSO) is a financial ratio that provides insight into how efficiently a company is managing its accounts receivable. It measures the average number of days it takes for a company to collect revenue after a sale is made.
Analyzing the DSO trend of KBR Inc from March 31, 2020, to December 31, 2024, we can see fluctuations in the number of days it takes for the company to collect its sales revenues. The DSO for KBR Inc ranged from a low of 44.90 days on September 30, 2022, to a high of 72.84 days on September 30, 2021.
Overall, there is a gradual improvement in the DSO metric from 67.86 days on March 31, 2020, to 52.31 days on December 31, 2024. This indicates that KBR Inc has been more efficient in collecting its accounts receivable over time. However, there were slight fluctuations in the DSO during the period, suggesting variations in the company's ability to manage its credit policies and collection practices.
It is important for KBR Inc to continue monitoring its DSO closely to ensure efficient management of its accounts receivable and maintain healthy cash flow levels. By identifying factors contributing to fluctuations in DSO, the company can implement strategies to optimize its receivables management and improve overall financial performance.
Peer comparison
Dec 31, 2024