Materion Corporation (MTRN)
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 | 8.47 | 7.70 | 8.69 | 8.36 | 8.48 | 8.85 | 8.91 | 8.30 | 8.07 | 11.73 | — | — | 6.73 | — | — | — | 2.19 | 2.03 | 2.15 | 2.35 | |
| DSO | days | 43.12 | 47.43 | 42.00 | 43.63 | 43.07 | 41.23 | 40.99 | 44.00 | 45.25 | 31.11 | — | — | 54.24 | — | — | — | 166.68 | 180.08 | 169.51 | 155.41 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.47
= 43.12
The days of sales outstanding (DSO) for Materion Corporation has shown fluctuations over the years based on the provided data. As of December 31, 2021, the DSO stood at 54.24 days, indicating that on average, it took the company 54.24 days to collect its accounts receivables. This figure decreased significantly to 31.11 days by September 30, 2022, suggesting improved efficiency in collecting receivables.
Subsequently, the DSO continued to decrease to 45.25 days as of December 31, 2022, and then further improved to 40.99 days by June 30, 2023. This trend of decreasing DSO suggests that Materion Corporation has been managing its receivables effectively and collecting sales proceeds more promptly.
As of December 31, 2024, the DSO was recorded at 43.12 days, indicating a slight increase compared to the previous period. Overall, maintaining a lower DSO signifies efficient management of accounts receivable, as the company is able to convert sales into cash relatively quickly. It is important for Materion Corporation to continue monitoring and managing its DSO to ensure optimal cash flow and financial health.