Masco Corporation (MAS)
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 | 7.46 | 6.80 | 5.94 | 5.96 | 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 | |
| DSO | days | 48.92 | 53.64 | 61.47 | 61.23 | 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 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.46
= 48.92
The days of sales outstanding (DSO) for Masco Corporation show some fluctuations over the periods analyzed. The DSO indicates the average number of days it takes for the company to collect revenue after making a sale.
From March 31, 2020, to June 30, 2020, there was an increase in DSO from 56.98 days to 70.10 days, suggesting a potential delay in collecting sales revenue. However, there was a slight decrease in DSO in the following quarters.
The DSO improved to 55.17 days by December 31, 2021, indicating better efficiency in collecting sales. This trend continued as the DSO remained relatively low until September 30, 2022, at 58.36 days.
There was a significant drop in DSO by December 31, 2022, to 48.95 days, which may signify prompt collections and effective credit management. The DSO fluctuated in the following periods but remained relatively low compared to previous years.
Overall, the downward trend in DSO from 2021 to 2024 reflects a positive aspect of Masco Corporation's accounts receivable management, indicating efficient collections and potentially healthier cash flows.
Peer comparison
Dec 31, 2024