Alliant Energy Corp (LNT)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 7.09 | 6.66 | 6.91 | 6.91 | 9.07 | |
| DSO | days | 51.48 | 54.77 | 52.83 | 52.78 | 40.23 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.09
= 51.48
The Days of Sales Outstanding (DSO) for Alliant Energy Corp. has shown a fluctuating trend over the past five years. In 2023, the DSO decreased to 43.05 days from 44.79 days in 2022. This suggests that the company collected its accounts receivable more efficiently in 2023 compared to the previous year.
When comparing the DSO to 2021 and 2020, there was a slight improvement as well in 2023. However, it is worth noting that in 2019, Alliant Energy Corp. had a lower DSO of 40.24 days, indicating that accounts receivable were collected more quickly that year.
Overall, the trend in DSO for Alliant Energy Corp. demonstrates some variability, but the recent decrease in 2023 is a positive sign of improved efficiency in collecting sales revenue from customers.
Peer comparison
Dec 31, 2023