Knowles Cor (KN)
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 | 6.53 | 7.18 | 5.32 | 5.30 | 4.73 | 5.23 | 5.87 | 6.46 | 5.68 | 6.23 | 6.70 | 6.07 | 5.92 | 6.76 | 7.28 | 6.99 | 5.82 | 6.03 | 7.73 | 6.95 | |
| DSO | days | 55.86 | 50.84 | 68.58 | 68.92 | 77.09 | 69.78 | 62.19 | 56.48 | 64.29 | 58.58 | 54.45 | 60.14 | 61.64 | 54.02 | 50.17 | 52.19 | 62.75 | 60.53 | 47.23 | 52.52 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.53
= 55.86
The Days Sales Outstanding (DSO) for Knowles Cor has shown some fluctuations over the past few years.
From March 2020 to December 2020, the DSO increased steadily from 52.52 days to 62.75 days, indicating a potential lengthening of the company's accounts receivable collection period. This trend reversed in the first half of 2021, with the DSO decreasing to 50.17 days by June 2021. However, by the end of 2021, the DSO had increased again to 61.64 days.
During the first half of 2022, the DSO stayed relatively stable between 54.45 days and 60.14 days. Then, in the second half of 2022, the DSO slightly increased to 64.29 days by December 2022.
In the first half of 2023, there was a notable decrease in DSO to 56.48 days by March 2023, but this was followed by an increase to 77.09 days by December 2023, marking a significant lengthening of the accounts receivable collection period.
The trend reversed in 2024, with the DSO decreasing to 50.84 days by September 2024, possibly indicating improved efficiency in collecting receivables. By the end of 2024, the DSO had increased slightly to 55.86 days.
Overall, the DSO for Knowles Cor has been variable, showing both increases and decreases over the period analyzed, which could reflect changes in the company's sales, credit policies, or collection efficiency.
Peer comparison
Dec 31, 2024