Owens Corning Inc (OC)
Days of sales outstanding (DSO)
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 8.75 | 6.57 | 5.83 | 6.79 | 9.73 | 7.32 | 6.77 | 6.92 | 10.01 | 7.26 | 6.74 | 6.30 | 8.91 | 7.16 | 6.41 | 6.21 | 7.54 | 6.71 | 6.90 | 7.62 | |
| DSO | days | 41.71 | 55.55 | 62.61 | 53.79 | 37.53 | 49.87 | 53.92 | 52.76 | 36.47 | 50.24 | 54.13 | 57.89 | 40.98 | 51.00 | 56.95 | 58.81 | 48.41 | 54.36 | 52.92 | 47.90 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.75
= 41.71
The Days Sales Outstanding (DSO) for Owens Corning Inc has shown fluctuations over the past few years. The DSO measures the average number of days a company takes to collect revenue after a sale has been made. A lower DSO indicates that the company is collecting payments faster, while a higher DSO may suggest potential issues with accounts receivable management.
From March 31, 2020, to December 31, 2024, Owens Corning Inc's DSO has ranged from a low of 36.47 days to a high of 62.61 days. The trend in DSO appears inconsistent, with periodic increases and decreases observed over the time period. For instance, there was a noticeable decrease in DSO from December 2021 to March 2022, followed by an increase in the subsequent quarter.
Overall, it is essential for Owens Corning Inc to effectively manage its accounts receivable to ensure timely collections and optimize cash flow. Monitoring DSO trends can help the company assess the efficiency of its credit policies and collection processes, ultimately contributing to improved financial health and liquidity.