Kimberly-Clark Corporation (KMB)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 9.98 | 9.57 | 8.85 | 8.79 | 8.56 | |
| DSO | days | 36.56 | 38.14 | 41.25 | 41.52 | 42.62 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.98
= 36.56
Kimberly-Clark Corporation's days of sales outstanding (DSO) have shown a consistent downward trend over the past five years. As of December 31, 2020, the DSO stood at 42.62 days, decreasing to 41.52 days by December 31, 2021, and further dropping to 41.25 days by December 31, 2022. This indicates that the company's ability to collect receivables has improved over this period.
Notably, by December 31, 2023, the DSO decreased significantly to 38.14 days, reflecting an enhanced efficiency in collecting sales revenue. The trend continued into December 31, 2024, with the DSO further reducing to 36.56 days. This continual improvement in DSO suggests that Kimberly-Clark Corporation is managing its accounts receivable effectively and efficiently, potentially leading to healthier cash flows and liquidity.
Peer comparison
Dec 31, 2024
See also:
Kimberly-Clark Corporation Average Receivable Collection Period