OGE Energy Corporation (OGE)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		9.47	8.92	9.78	15.89	9.09
DSO	days	38.54	40.90	37.30	22.97	40.16

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.47
= 38.54

The days of sales outstanding (DSO) for OGE Energy Corporation fluctuated over the period from December 31, 2020, to December 31, 2024.

- In December 2020, the DSO stood at 40.16 days, indicating that on average, it took the company about 40 days to collect its accounts receivable.
- By December 2021, the DSO had decreased significantly to 22.97 days, suggesting an improvement in the company's receivables collection efficiency.
- In December 2022, the DSO increased to 37.30 days, indicating that it took the company slightly longer to collect its accounts receivable compared to the previous year.
- The DSO further increased to 40.90 days by December 2023, suggesting a potential slowdown in receivables collection efficiency.
- As of December 2024, the DSO decreased slightly to 38.54 days, remaining at a higher level compared to the low point in 2021.

Overall, fluctuations in the DSO can provide insights into the company's ability to efficiently manage its accounts receivable and collect sales revenue. A decreasing trend in DSO generally indicates an improvement in collection efficiency, while an increasing trend may suggest challenges in collecting receivables promptly. It is essential for the company to monitor its DSO regularly to ensure effective management of its working capital and overall financial health.