MYR Group Inc (MYRG)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | |
| DSO | days | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) ratio for MYR Group Inc has not been provided for the years ending on December 31, 2020 through 2024. This ratio is a financial metric that indicates the average number of days it takes for the company to collect payment after making a sale. A lower DSO is generally desirable as it suggests the company is able to collect payments more quickly, enhancing its liquidity position and cash flow efficiency. Without the specific DSO values, it is difficult to assess MYR Group Inc's efficiency in managing its accounts receivable and cash conversion cycle over the specified years.
Peer comparison
Dec 31, 2024