Masco Corporation (MAS)
Days of sales outstanding (DSO)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 7.21 | 6.34 | 5.92 | 6.28 | 7.46 | 6.25 | 5.80 | 5.43 | 6.62 | 5.98 | 5.72 | 5.60 | 6.21 | 5.43 | 5.21 | 6.41 | 7.67 | 6.84 | 5.77 | 6.23 | |
| DSO | days | 50.61 | 57.55 | 61.62 | 58.16 | 48.95 | 58.36 | 62.90 | 67.19 | 55.17 | 61.00 | 63.86 | 65.22 | 58.73 | 67.24 | 70.10 | 56.98 | 47.58 | 53.37 | 63.26 | 58.60 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.21
= 50.61
Masco Corp.'s days of sales outstanding (DSO) have fluctuated over the past eight quarters. In Q4 2023, the DSO stood at 49.94 days, representing an improvement from the previous quarter. This decrease indicates that the company is collecting its accounts receivable more efficiently compared to Q3 2023, when DSO was 56.75 days.
Looking back further, Masco Corp.'s DSO in Q4 2023 was also better compared to the same quarter in the prior year, Q4 2022, when it was at 48.32 days. This indicates a positive trend in managing accounts receivable over the yearly period.
Overall, Masco Corp.'s DSO has shown some variability, with fluctuations seen in consecutive quarters. Investors and stakeholders may monitor this metric closely as it provides insights into the company's ability to collect outstanding receivables in a timely manner, impacting cash flow and liquidity.
Peer comparison
Dec 31, 2023