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
                            58.28
                        Northrop Grumman Corporation
                            NOC
                            63.87
                        Teledyne Technologies Incorporated
                            TDY
                            —