Omnicom Group Inc (OMC)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 1.70 | 1.70 | 1.76 | 1.69 | 1.69 | |
| DSO | days | 215.01 | 215.14 | 206.83 | 216.42 | 216.53 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 1.70
= 215.01
Days Sales Outstanding (DSO) measures how long it takes for a company to collect its accounts receivable. In the case of Omnicom Group Inc, the trend of DSO over the five-year period demonstrates some stability with fluctuations around the mid-200-day range. In December 2020, DSO was 216.53 days, showing a slight decrease to 216.42 days by the end of December 2021. Subsequently, there was a noticeable improvement in efficiency as DSO decreased to 206.83 days by the end of 2022. However, this improvement was not sustained as DSO increased to 215.14 days by the end of 2023 and slightly decreased to 215.01 days by the end of 2024. Overall, while there were fluctuations, there was no significant upward trend in DSO, indicating a consistent performance in managing accounts receivable over the five-year period.
Peer comparison
Dec 31, 2024