nVent Electric PLC (NVT)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) for nVent Electric PLC fluctuated over the period from December 2019 to September 2024. DSO represents the average number of days it takes for a company to collect payment after a sale has been made. A lower DSO value indicates that the company is collecting payments more quickly, while a higher DSO may suggest potential issues with accounts receivable management.
Without specific values provided in the table, it is challenging to analyze the trend in nVent Electric PLC's DSO over time. However, a consistent increase in DSO could indicate challenges in collecting payments from customers promptly, which may lead to cash flow problems. Conversely, a decreasing trend in DSO may imply improvements in the company's credit and collections processes, potentially leading to better cash flow management.
To conduct a more in-depth analysis or identify any concerning trends, it would be beneficial to compare nVent Electric PLC's DSO figures with industry benchmarks or historical values to assess its efficiency in managing accounts receivable. Monitoring changes in DSO can provide valuable insights into the company's liquidity, financial health, and operational efficiency.
Peer comparison
Sep 30, 2024