Oshkosh Corporation (OSK)
Days of sales outstanding (DSO)
| 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 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 6.66 | 6.35 | 6.44 | 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 | |
| DSO | days | 54.79 | 57.50 | 56.68 | 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 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.66
= 54.79
Days Sales Outstanding (DSO) is a financial metric that measures how long it takes for a company to collect its accounts receivable. A lower DSO indicates that the company is collecting payments from customers more quickly, which is generally favorable.
Analyzing Oshkosh Corporation's DSO over the past few quarters, we can see some fluctuations in the metric. For example, in the most recent quarter ending on September 30, 2024, the DSO was 54.79 days, slightly down from the previous quarter but still higher than the DSO reported a year ago. This indicates that Oshkosh Corporation may be taking slightly longer to collect payments from customers compared to the same period last year.
Looking at the trend over the past five quarters, it is clear that Oshkosh Corporation's DSO has been somewhat stable, hovering around the 50-60 day range. While a consistently high DSO could indicate potential issues with accounts receivable management or credit policies, the fluctuations seen in Oshkosh Corporation's DSO do not raise significant concerns at this point.
Overall, Oshkosh Corporation's DSO provides insight into the efficiency of the company's accounts receivable collection process. It would be beneficial for the company to continue monitoring and managing its DSO to ensure timely collection of payments and maintain healthy cash flows.
Peer comparison
Sep 30, 2024