Owens Corning Inc (OC)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 8.75 | 9.73 | 10.01 | 8.91 | 7.54 | |
| DSO | days | 41.71 | 37.53 | 36.47 | 40.98 | 48.41 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.75
= 41.71
Owens Corning Inc's Days Sales Outstanding (DSO) is a financial ratio that measures the average number of days it takes for the company to collect revenue after making a sale.
Based on the data provided:
- As of December 31, 2020, Owens Corning Inc had a DSO of 48.41 days.
- By December 31, 2021, the DSO had improved to 40.98 days, indicating a reduction in the average days it takes to collect revenue.
- The trend continued positively as of December 31, 2022, with the DSO decreasing further to 36.47 days.
- However, there was a slight increase in DSO by December 31, 2023, to 37.53 days.
- By December 31, 2024, the DSO had increased again to 41.71 days, moving away from the lower levels seen in the previous years.
Overall, Owens Corning Inc's DSO has shown fluctuations over the years, with improvements in some periods and slight deteriorations in others. It is important for the company to continuously monitor and manage its DSO to ensure efficient cash flow management and timely collection of receivables.