M/I Homes Inc (MHO)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | |
| DSO | days | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Unfortunately, without the specific data for days of sales outstanding (DSO) for MI Homes Inc. for the years presented, a detailed analysis cannot be provided. DSO is a crucial metric that measures the average number of days a company takes to collect revenue after a sale has been made. A lower DSO indicates quicker collection of accounts receivable and better liquidity, while a higher DSO may suggest potential issues with collection efficiency or credit policies. It would be beneficial to have the DSO figures for the mentioned years to assess MI Homes Inc.'s accounts receivable management and overall financial performance.
Peer comparison
Dec 31, 2023