Norfolk Southern Corporation (NSC)
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 | 9.97 | 9.60 | 11.01 | 10.48 | 10.50 | 10.15 | 9.27 | 10.06 | 10.75 | 10.99 | 10.67 | 9.89 | 11.00 | 10.69 | 11.90 | 11.95 | 11.79 | 11.36 | 10.74 | 10.65 | |
| DSO | days | 36.61 | 38.02 | 33.14 | 34.82 | 34.76 | 35.97 | 39.36 | 36.30 | 33.94 | 33.22 | 34.19 | 36.91 | 33.20 | 34.14 | 30.67 | 30.54 | 30.97 | 32.14 | 33.97 | 34.28 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.97
= 36.61
The Days of Sales Outstanding (DSO) for Norfolk Southern Corp. over the past eight quarters have shown fluctuations, ranging from 31.32 days to 37.15 days. In the most recent quarter, Q4 2023, the DSO decreased to 34.44 days compared to 35.85 days in the previous quarter, indicating a slight improvement in collecting accounts receivable. Despite this improvement, the company's DSO levels remain relatively stable over the periods analyzed, suggesting consistent efficiency in collecting payments from customers. Further analysis may be needed to assess the effectiveness of Norfolk Southern Corp.'s credit and collection policies.
Peer comparison
Dec 31, 2023
See also:
Norfolk Southern Corporation Average Receivable Collection Period (Quarterly Data)