L3Harris Technologies Inc (LHX)

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
DSO days

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

The provided data for L3Harris Technologies Inc does not include specific values for the Days Sales Outstanding (DSO) metric over the given time periods. DSO represents the average number of days it takes for a company to collect payment after a sale has been made. In general, a lower DSO value indicates faster collections and better liquidity management, while a higher DSO value may suggest potential issues with accounts receivable processes or credit policies.

Without the actual DSO values for L3Harris Technologies Inc, it is not possible to perform a detailed analysis or draw any specific conclusions regarding their effectiveness in managing accounts receivable. Monitoring DSO over time can provide insights into the company's efficiency in collecting payments from customers and the effectiveness of their credit policies.

To assess the company's DSO trend, investors and analysts would need access to historical and current DSO figures to identify any changes or patterns in the collection period. Further comparisons with industry benchmarks or competitors' DSO ratios could also help evaluate L3Harris Technologies Inc's performance in managing accounts receivable and assess its financial health.