The Mosaic Company (MOS)
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 | 9.99 | 10.65 | 8.99 | 10.35 | 11.14 | 9.46 | 13.12 | 13.00 | 11.25 | 10.70 | 7.83 | 9.61 | 8.07 | 10.33 | 10.93 | 10.98 | 9.85 | 9.94 | 12.02 | 11.72 | |
| DSO | days | 36.53 | 34.27 | 40.62 | 35.25 | 32.76 | 38.57 | 27.83 | 28.09 | 32.44 | 34.13 | 46.59 | 37.99 | 45.25 | 35.33 | 33.39 | 33.23 | 37.04 | 36.71 | 30.38 | 31.14 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.99
= 36.53
Days Sales Outstanding (DSO) is a key financial metric that measures the average number of days a company takes to collect revenue after a sale is made. For The Mosaic Company, we observed fluctuations in DSO over the years:
- In the March 31, 2020 quarter, DSO was 31.14 days, indicating that on average, it took the company about 31 days to collect revenue.
- DSO decreased slightly to 30.38 days by June 30, 2020, suggesting an improvement in the company's collections efficiency.
- However, there was an increase in DSO to 37.04 days by the end of December 31, 2020, which could indicate potential difficulties in collecting payments from customers.
- DSO fluctuated between 30 to 40 days in the subsequent quarters of 2021 and early 2022.
- A significant spike was observed on June 30, 2022, with DSO jumping to 46.59 days, suggesting prolonged delays in collecting revenue.
- The company managed to bring down DSO to 27.83 days by June 30, 2023, reflecting a sharp improvement in collections efficiency.
- DSO increased again to 40.62 days by June 30, 2024, emphasizing potential challenges in collecting payments.
Overall, The Mosaic Company experienced fluctuations in DSO over the periods analyzed. A lower DSO indicates a more efficient collections process, while a higher DSO may imply liquidity challenges or inefficiencies in managing accounts receivable. Monitoring and managing DSO is crucial for assessing the company's cash flow and liquidity position.
Peer comparison
Dec 31, 2024
See also:
The Mosaic Company Average Receivable Collection Period (Quarterly Data)