New York Times Company (NYT)
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 | 10.09 | 14.83 | 14.96 | 14.31 | 10.80 | 14.00 | 13.03 | 11.15 | 9.18 | 12.37 | 12.45 | 12.50 | 9.71 | 14.22 | 14.61 | 11.52 | 8.49 | 10.89 | 11.09 | 9.90 | |
| DSO | days | 36.17 | 24.61 | 24.40 | 25.51 | 33.80 | 26.07 | 28.01 | 32.73 | 39.76 | 29.50 | 29.32 | 29.20 | 37.59 | 25.66 | 24.98 | 31.68 | 42.98 | 33.51 | 32.92 | 36.86 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 10.09
= 36.17
The days of sales outstanding (DSO) metric for New York Times Co. has varied over the past eight quarters, indicating fluctuations in the company's accounts receivable management. In Q4 2023, the DSO was 36.48 days, which was higher compared to the previous quarter, Q3 2023, where it stood at 24.77 days. This increase suggests that the company took a longer time to collect its outstanding receivables in Q4 2023.
However, despite this increase, the DSO in Q4 2023 was still lower than the DSO recorded in Q4 2022, which was 34.40 days. This could indicate an improvement in the company's accounts receivable collection efficiency on a year-over-year basis.
Overall, the DSO trend for New York Times Co. shows some variability, with fluctuations from quarter to quarter. It is essential for the company to closely monitor and manage its accounts receivable collection process to ensure timely receipt of payments from its customers and maintain healthy cash flow levels.
Peer comparison
Dec 31, 2023