News Corp B (NWS)
Days of sales outstanding (DSO)
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 5.41 | 6.11 | 5.67 | 5.47 | 6.12 | 6.30 | 6.28 | 6.35 | 6.93 | 6.57 | 6.21 | 7.03 | 6.91 | 6.66 | 6.03 | 6.50 | 6.25 | 6.58 | 6.04 | 7.08 | |
| DSO | days | 67.46 | 59.75 | 64.36 | 66.76 | 59.60 | 57.93 | 58.16 | 57.48 | 52.65 | 55.54 | 58.74 | 51.89 | 52.79 | 54.81 | 60.49 | 56.16 | 58.43 | 55.44 | 60.44 | 51.52 |
June 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.41
= 67.46
The analysis of News Corp B's days of sales outstanding (DSO) over the specified period reveals notable fluctuations and trends. Starting from September 30, 2020, with a DSO of approximately 51.52 days, there was an increase to around 60.44 days by the end of 2020, indicating a lengthening of the accounts receivable collection period. This upward trend persisted into March 2021, where DSO was approximately 55.44 days, and continued through June 2021, reaching around 58.43 days.
Throughout 2021, the DSO hovered mostly within the mid-50s to low-60s range, reflecting a relatively stable but elevated collection period. Notably, at the end of 2021, DSO increased slightly to about 60.49 days. In 2022, the DSO exhibited some reduction, with figures around 54.81 days in March and 52.79 days in June, suggesting an improvement in receivables collection efficiency during this period. However, by September 2022, the DSO slightly reverted to approximately 51.89 days.
Moving into late 2022 and early 2023, the DSO experienced incremental increases, reaching about 58.74 days at the end of 2022 and 55.54 days in March 2023. In the subsequent quarters, the DSO remained relatively stable within the mid-50s to low-60s, with minor fluctuations—52.65 days in June 2023 and 57.48 days in September 2023.
The most recent data points, extending into 2024 and 2025, show upward movements. By September 30, 2024, DSO rose to approximately 66.76 days, the highest within the observed period, indicating a significant extension of receivables collection time. This upward trend continued, with DSO reaching around 64.36 days at the end of 2024 and further increasing to about 59.75 days in March 2025 and approximately 67.46 days in June 2025.
Overall, the data illustrates a pattern of notable variability in DSO, with periods of stabilization interspersed with upward shifts. The overall trend suggests a gradual elongation of the collection period over the observation window. This could be indicative of changing credit terms, customer collection challenges, or strategic shifts within the company’s receivables management processes. The increase evident in 2024 and 2025 warrants attention for potential impacts on liquidity and working capital management.
Peer comparison
Jun 30, 2025