Las Vegas Sands Corp (LVS)

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		27.09	27.40	26.22	26.69	21.43	21.98	20.19	16.12	15.28	19.05	24.39	27.08	20.75	25.40	23.94	13.26	8.55	14.23	14.53	17.63
DSO	days	13.47	13.32	13.92	13.67	17.03	16.60	18.08	22.64	23.89	19.16	14.97	13.48	17.59	14.37	15.25	27.52	42.71	25.66	25.12	20.71

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 27.09
= 13.47

Las Vegas Sands Corp's Days of Sales Outstanding (DSO) is a measure of how long it takes the company to collect its accounts receivable. The trend of DSO over the given periods shows fluctuations in the collection efficiency of the company.

The DSO for Las Vegas Sands Corp ranged from a low of 13.48 days on March 31, 2022, to a high of 42.71 days on December 31, 2020. This indicates that in December 2020, it took the company significantly longer to collect its receivables compared to the other periods.

Generally, a lower DSO suggests that the company is efficient in collecting payments from its customers, while a higher DSO may indicate potential issues with collections or credit policies. Las Vegas Sands Corp's DSO trend shows improvement over time, with decreasing values from September 2021 to March 31, 2024, indicating enhanced efficiency in its accounts receivable management.

It is essential for the company to monitor its DSO regularly to ensure timely collections, optimize cash flow, and manage credit risks effectively. Overall, the downward trend in DSO for Las Vegas Sands Corp reflects positive developments in its accounts receivable management, which can contribute to its financial health and operational effectiveness.