News Corp A (NWSA)
Days of sales outstanding (DSO)
Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
---|---|---|---|---|---|---|
Receivables turnover | 5.31 | 6.71 | 6.93 | 6.91 | 6.25 | |
DSO | days | 68.71 | 54.40 | 52.65 | 52.79 | 58.43 |
June 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.31
= 68.71
The analysis of News Corp A's Days of Sales Outstanding (DSO) over the period from June 30, 2021, to June 30, 2025, reveals notable fluctuations in the company's receivables management efficiency.
Initially, as of June 30, 2021, the DSO stood at approximately 58.43 days, indicating that, on average, it took the company about 58 days to collect receivables. This figure decreased to 52.79 days by June 30, 2022, suggesting an improvement in the collection process and a more efficient receivables turnover. The DSO further declined slightly to 52.65 days as of June 30, 2023, maintaining a stable and efficient receivables collection period during this span.
However, a notable change occurred by June 30, 2024, when the DSO increased to 54.40 days. Despite this modest rise, the figure remained relatively close to the previous year's level, indicating some stabilization or marginal slowdown in receivables collection efficiency.
Most significantly, by June 30, 2025, the DSO surged to 68.71 days. This substantial increase reflects a considerable deterioration in the company's receivables management, implying that the company is taking significantly longer—over two months on average—to collect its receivables. This elongation in collection period could signal potential challenges in credit control, customer payment delays, or changes in credit policies.
In summary, News Corp A experienced an initial improvement in receivables collection efficiency from 2021 through 2023, followed by stability in the subsequent year. Nonetheless, the sharp increase in DSO in 2025 warrants close attention, as it may impact cash flow and liquidity if such trend persists.
Peer comparison
Jun 30, 2025