Envista Holdings Corp (NVST)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 6.91 | 6.30 | 6.53 | 7.56 | 5.34 | |
| DSO | days | 52.83 | 57.95 | 55.91 | 48.29 | 68.30 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.91
= 52.83
Envista Holdings Corp's Days Sales Outstanding (DSO) has shown a notable improvement over the years, indicating a more efficient management of accounts receivable. In 2020, the DSO stood at 68.30 days, signifying that, on average, it took around 68 days to collect outstanding sales.
By the end of 2021, there was a significant reduction in DSO to 48.29 days, suggesting a more streamlined collection process. This improvement continued into 2022, with the DSO dropping further to 55.91 days.
Although there was a slight uptick in 2023 to 57.95 days, the DSO remained relatively stable, showcasing consistency in collections activities. Finally, by the end of 2024, the company managed to bring down the DSO to 52.83 days, indicating continued efforts to efficiently manage accounts receivable.
Overall, the trend in Envista Holdings Corp's DSO reflects enhanced effectiveness in collecting sales revenue, potentially leading to better cash flow and working capital management.
Peer comparison
Dec 31, 2024