National Presto Industries Inc (NPK)
Days of sales outstanding (DSO)
| 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 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 6.77 | 221.73 | 150.74 | — | 4.39 | — | — | — | 6.39 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 53.91 | 1.65 | 2.42 | — | 83.13 | — | — | — | 57.15 | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.77
= 53.91
The Days of Sales Outstanding (DSO) for National Presto Industries Inc has shown fluctuation over the periods provided. As of Dec 31, 2023, the DSO stood at 53.91 days, indicating the average number of days it takes for the company to collect its accounts receivables. This is a significant improvement from the DSO of 83.13 days reported on Dec 31, 2022.
The DSO values for Sep 30, 2023, and Jun 30, 2023, were notably low at 1.65 days and 2.42 days, respectively, which suggests efficient management of receivables during those quarters. However, the absence of DSO data for some quarters limits the ability to track the trend consistently.
It is essential for National Presto Industries Inc to monitor and manage its DSO effectively to ensure timely collection of receivables and maintain healthy cash flow. Further analysis and comparison with industry benchmarks would provide additional insights into the company's performance in this area.
Peer comparison
Dec 31, 2023