Kimberly-Clark Corporation (KMB)

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 9.97 8.99 8.77 8.53 9.54 8.87 8.61 8.36 8.87 8.64 8.14 7.83 8.74 8.02 8.09 8.56 8.56 8.88 9.30 7.48
DSO days 36.61 40.60 41.63 42.80 38.26 41.13 42.39 43.67 41.16 42.25 44.84 46.62 41.74 45.52 45.15 42.65 42.65 41.09 39.23 48.82

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.97
= 36.61

The days of sales outstanding (DSO) for Kimberly-Clark Corporation have shown some fluctuations over the past few years.

From March 31, 2020, to December 31, 2024, the DSO ranged from a low of 36.61 days to a high of 48.82 days. In general, a lower DSO indicates that the company is collecting payments from its customers faster, which can be seen as a positive sign of efficient accounts receivable management.

The DSO increased from 2020 to 2021, showing a peak at 2021 year-end, before decreasing again into 2024. These fluctuations in DSO could be attributed to changes in the company's credit policies, customer payment behaviors, or overall economic conditions during these periods.

Overall, the downward trend in DSO from 2021 through 2024 suggests that Kimberly-Clark Corporation may have improved its collection processes, leading to quicker conversion of credit sales into cash. However, it is important for the company to continue monitoring and managing its DSO to ensure efficient working capital management and sustained financial health.

Peer comparison

Dec 31, 2024

Company name
Symbol
DSO
Kimberly-Clark Corporation
KMB
36.61
Avery Dennison Corp
AVY
62.43

See also:

Kimberly-Clark Corporation Average Receivable Collection Period (Quarterly Data)