nVent Electric PLC (NVT)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | |
| DSO | days | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Based on the data provided, nVent Electric PLC's days of sales outstanding (DSO) for the years 2020, 2021, 2022, 2023, and 2024 are not available ("— days"). This indicates that specific information on the average number of days it takes for the company to collect its accounts receivable after a sale was not provided in the dataset.
Without the actual DSO figures, it is challenging to assess the efficiency of nVent Electric PLC's accounts receivable management and its ability to convert sales into cash. Monitoring DSO is crucial for evaluating the effectiveness of credit policies and collection strategies, as a high DSO may suggest potential issues with receivables management, cash flow, or customer creditworthiness.
To gain a deeper understanding of nVent Electric PLC's financial performance in terms of accounts receivable, it would be beneficial to acquire the actual DSO values or additional context to analyze the company's credit and collection practices accurately.
Peer comparison
Dec 31, 2024