MYR Group Inc (MYRG)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Based on the provided data, MYR Group Inc's Days Sales Outstanding (DSO) information is not available for any of the specified dates. DSO is a financial ratio that measures the average number of days it takes for a company to collect revenue after a sale has been made. Without specific DSO values for the mentioned time periods, it is not possible to conduct a comprehensive analysis of MYR Group Inc's collections efficiency or its ability to manage accounts receivable effectively.
However, generally speaking, a lower DSO indicates that a company is collecting payments from its customers more quickly, which can be a positive sign of efficient operations. On the other hand, a higher DSO may suggest potential issues with collections, credit policies, or customer payment behavior.
For a more detailed analysis of MYR Group Inc's financial performance and efficiency in managing accounts receivable, specific DSO values for the relevant periods would be necessary.
Peer comparison
Dec 31, 2024