Mueller Water Products (MWA)

Days of sales outstanding (DSO)

Mar 31, 2025 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
Receivables turnover 6.20 9.00 6.10 5.80 5.29 7.04 5.88 6.09 5.72 6.39 5.35 5.15 5.06 5.99 5.24 5.16 5.43 5.84 5.33 5.76
DSO days 58.89 40.56 59.83 62.96 69.03 51.84 62.12 59.91 63.78 57.13 68.18 70.86 72.09 60.97 69.71 70.76 67.21 62.53 68.45 63.38

March 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.20
= 58.89

The analysis of Mueller Water Products' days of sales outstanding (DSO) over the specified period reveals notable fluctuations and an overall downward trend in recent quarters. Starting from June 30, 2020, the DSO was approximately 63.38 days, experiencing variations that peaked at 72.09 days by March 31, 2022. This indicates periods where the company's collection period extended, reflecting either increased credit issued or slower receivables collection.

From March 31, 2022, onward, the DSO demonstrated a declining trend, reaching a low of 40.56 days as of December 31, 2024. This substantial decrease suggests improvements in receivables management and more efficient collection processes. The reduction in DSO implies the company has been able to shorten its credit collection cycles, positively impacting cash flow and liquidity.

Despite some fluctuations, including an increase to 69.03 days on March 31, 2024, the data shows that Mueller Water Products generally maintained relatively stable collection periods within a range of approximately 40 to 70 days throughout the period analyzed. Overall, the downward trend in DSO in the most recent years indicates progress in receivables turnover efficiency, which could be a result of tighter credit policies, more effective collection efforts, or shifts in customer payment behaviors.


Peer comparison

Mar 31, 2025