Oshkosh Corporation (OSK)
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 | 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 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 7.29 | 6.03 | 6.52 | 6.53 | 7.10 | 7.55 | 6.77 | 8.17 | 7.56 | 6.92 | 7.75 | 9.57 | 7.95 | 8.69 | 9.20 | 9.05 | 7.73 | 6.51 | 7.45 | 7.39 | |
| DSO | days | 50.05 | 60.51 | 55.98 | 55.90 | 51.42 | 48.34 | 53.89 | 44.70 | 48.27 | 52.73 | 47.11 | 38.13 | 45.94 | 42.01 | 39.68 | 40.33 | 47.20 | 56.05 | 49.01 | 49.39 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.29
= 50.05
To analyze Oshkosh Corp's Days of Sales Outstanding (DSO) over the past eight quarters, it is evident that the company's DSO has fluctuated within a range. The DSO measures the average number of days it takes for a company to collect payment after a sale has been made. A lower DSO indicates that the company is collecting payments from customers more quickly, while a higher DSO suggests delays in collecting receivables.
In the most recent quarter, Q4 2023, Oshkosh Corp's DSO was 80.51 days, showing a slight improvement compared to the previous quarter. This suggests that the company was able to collect payments more efficiently during this period.
Analyzing the trend over the eight quarters, there seems to be some variability in Oshkosh Corp's DSO, with fluctuations observed in each quarter. Despite the fluctuations, the company's DSO has generally remained within a relatively consistent range, indicating a stable credit and collection management process.
It is essential for Oshkosh Corp to monitor its DSO closely to ensure efficient cash flow management and timely collection of receivables. By analyzing trends in DSO over time, the company can identify any potential issues with customer payments and implement strategies to improve collection processes.
Peer comparison
Dec 31, 2023