L3Harris Technologies Inc (LHX)
Days of sales outstanding (DSO)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Receivables turnover | — | — | — | — | — | |
DSO | days | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) ratio for L3Harris Technologies Inc remains constant as "— days" throughout the years from December 31, 2020, to December 31, 2024, as per the provided data. This indicates that the company is able to collect its accounts receivable at a consistent pace over this period. A steady DSO may suggest effective credit and collection policies, efficient accounts receivable management, and stable customer payment behavior. It is crucial for companies to closely monitor their DSO to ensure timely collection of outstanding receivables and maintain healthy cash flows.
Peer comparison
Dec 31, 2024
Company name
Symbol
DSO
L3Harris Technologies Inc
LHX
—
Garmin Ltd
GRMN
57.15
Nextracker Inc. Class A Common Stock
NXT
76.52
Northrop Grumman Corporation
NOC
63.87
Teledyne Technologies Incorporated
TDY
—