Newell Brands Inc (NWL)
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 | 6.55 | 6.70 | 6.48 | 7.13 | 7.42 | 6.53 | 6.62 | 7.39 | 6.94 | 6.03 | 5.86 | 6.23 | 5.48 | 5.31 | 5.74 | 6.74 | 5.01 | 4.56 | 4.76 | 5.29 | |
| DSO | days | 55.75 | 54.44 | 56.37 | 51.21 | 49.16 | 55.94 | 55.13 | 49.39 | 52.63 | 60.56 | 62.32 | 58.60 | 66.59 | 68.72 | 63.57 | 54.17 | 72.90 | 79.98 | 76.75 | 68.94 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.55
= 55.75
To analyze Newell Brands Inc's days of sales outstanding (DSO), we look at how long it takes the company to collect payments from its customers after making a sale. A lower DSO indicates that the company is collecting payments more quickly, while a higher DSO suggests slower collections.
Looking at the historical trend of Newell Brands Inc's DSO from Q1 2022 to Q4 2023, we observe some fluctuations. In Q4 2023, the DSO was 53.63 days, slightly higher than the previous quarter at 53.03 days. This indicates a slight delay in collecting payments in Q4 2023.
Comparing to the same quarter in the previous year, Q4 2022 had a lower DSO at 48.23 days, indicating that the company took longer to collect payments in Q4 2023 compared to Q4 2022.
Overall, Newell Brands Inc's DSO has shown some variability over the quarters, suggesting fluctuations in its accounts receivable management efficiency. It would be important for the company to closely monitor and analyze the factors contributing to these fluctuations to ensure timely collection of accounts receivable and optimize cash flow management.
Peer comparison
Dec 31, 2023