Metallus Inc (MTUS)

Days of sales outstanding (DSO)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Receivables turnover		11.25	11.71	9.07	8.94	9.63	15.37	13.73	8.76	9.90	12.69	8.85	8.34	8.69	12.98	10.31	14.22	11.45	15.44	12.81	10.32
DSO	days	32.44	31.16	40.23	40.83	37.91	23.75	26.59	41.65	36.87	28.76	41.26	43.77	42.01	28.13	35.41	25.67	31.88	23.64	28.48	35.36

March 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 11.25
= 32.44

The Days Sales Outstanding (DSO) ratio for Metallus Inc has varied over the past several quarters. DSO measures how long it takes for a company to collect its accounts receivable. A lower DSO indicates that the company is collecting payments from customers more quickly, while a higher DSO suggests that it is taking longer to collect payments.

From the data provided, we observe fluctuations in the DSO ratio for Metallus Inc. In the most recent quarter ending March 31, 2024, the DSO stood at 32.44 days, which was slightly higher than the previous quarter's ratio of 31.16 days. This increase indicates a slight delay in the collection of accounts receivable compared to the prior quarter.

Looking further back, we see that the DSO has shown variability over the past few quarters. The highest DSO was recorded in the quarter ending September 30, 2021, at 43.77 days, indicating a longer collection period for accounts receivable during that period. Conversely, the lowest DSO was in the quarter ending December 31, 2022, at 23.75 days, pointing to a faster collection of payments from customers.

Overall, while there have been fluctuations in the DSO ratio for Metallus Inc, the company should aim to manage its accounts receivable effectively to maintain a healthy cash flow position. Keeping the DSO at optimal levels is crucial for ensuring timely receipt of payments and efficient working capital management. Further analysis and comparison with industry benchmarks can provide additional insights into the company's receivables management performance.