ManpowerGroup Inc (MAN)

Days of sales outstanding (DSO)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Receivables turnover 4.16 3.89 3.85 3.80 3.65
DSO days 87.81 93.72 94.87 96.16 99.87

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.16
= 87.81

The days of sales outstanding (DSO) for ManpowerGroup Inc have shown a decreasing trend over the past five years. The DSO decreased from 99.87 days as of December 31, 2020, to 87.81 days as of December 31, 2024. This improvement indicates that the company has been able to collect its accounts receivable more efficiently over the years. A lower DSO value suggests that ManpowerGroup Inc has been able to convert its sales into cash at a faster pace, which can have positive implications for the company's working capital management and overall financial health. Keeping the DSO at a low level is essential for maintaining healthy cash flow and ensuring the company's liquidity.