Nu Skin Enterprises Inc (NUS)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 26.64 | 46.53 | 64.66 | 40.57 | 47.70 | |
| DSO | days | 13.70 | 7.84 | 5.65 | 9.00 | 7.65 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 26.64
= 13.70
The days of sales outstanding (DSO) for Nu Skin Enterprises, Inc. have shown fluctuations over the past five years, with the trend of the metric as follows: 13.51 days at the end of 2023, 7.77 days at the end of 2022, 5.59 days at the end of 2021, 8.96 days at the end of 2020, and 7.60 days at the end of 2019.
The increase in DSO from 2022 to 2023 indicates that Nu Skin Enterprises, Inc. took longer to collect its accounts receivable in 2023 compared to the previous year. This could suggest potential challenges in the company's credit and collection policies or the efficiency of its accounts receivable management.
On the other hand, the decrease in DSO from 2021 to 2022 signifies an improvement in the company's ability to collect outstanding receivables more quickly. This could be a positive indication of effective credit control measures or improved customer payment behaviors.
Overall, monitoring the DSO trend closely is important for evaluating Nu Skin Enterprises, Inc.'s accounts receivable management efficiency and liquidity position over time.
Peer comparison
Dec 31, 2023