News Corp A (NWSA)
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 A’s days of sales outstanding (DSO) over the period from September 2020 through June 2025 reveals notable trends and fluctuations. Initially, the DSO in September 2020 stood at approximately 51.52 days, indicating that, on average, receivables remained outstanding for just over seven weeks. During the subsequent quarter ending December 2020, the DSO increased to around 60.44 days, suggesting a slowdown in collections or a possible extension of credit terms.
Throughout 2021, the DSO demonstrated variability but maintained an upward trajectory, reaching approximately 60.49 days in December 2021. The first half of 2022 exhibited a slight decrease, with the DSO declining to about 52.79 days by June 2022, indicating marginal improvements in receivables management or credit policies. However, this was followed by an increase, and by September 2022, the DSO had stabilized near 51.89 days.
The latter part of 2022 and into early 2023 saw a moderate rise in DSO, with values around 58.74 days in December 2022 and approximately 55.54 days in March 2023. The trend persisted into mid-2023, with DSO fluctuating between roughly 52.65 to 57.48 days, ending the quarter in September 2023 at 57.48 days. This indicates a sustained level of receivables outstanding between 52 to 58 days during this period.
In the following measurement periods, there was an observable increase, with DSO reaching approximately 64.36 days by December 2024 and slightly declining to 59.75 days in March 2025. Notably, in June 2025, the DSO peaked at approximately 67.46 days, representing a significant increase relative to earlier years.
Overall, the data demonstrates that News Corp A’s DSO has experienced considerable fluctuations over the observed period, with a general trend towards higher receivables outstanding days in the most recent periods. This increase could be indicative of slower collection cycles, potential changes in credit policies, or shifts in customer payment behaviors. Such upward trends in DSO may warrant attention from a liquidity and working capital management perspective, as increased collection periods can impact cash flow and operational efficiency.
Peer comparison
Jun 30, 2025