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