PACCAR Inc (PCAR)
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 | Dec 31, 2021 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
To analyze Paccar Inc.'s days of sales outstanding (DSO) over the past eight quarters, we observe fluctuations in the DSO metric which provides insight into the efficiency of the company's accounts receivable management.
The DSO for Paccar Inc. has ranged from 194.23 to 219.03 days over the past two years. A downward trend is observed in the most recent quarters, indicating that the company has been collecting its accounts receivable more efficiently.
In Q4 2022, the DSO was at 198.99 days, which decreased to 198.24 days in Q3 2023, suggesting improved collections processes during this period. However, the DSO increased slightly in Q4 2023 to 205.42 days, which may raise concerns about the company's ability to collect receivables promptly.
Overall, while the recent decrease in DSO is a positive sign, it is essential for Paccar Inc. to focus on maintaining this trend to ensure efficient management of its accounts receivable and maintain healthy cash flows.
Peer comparison
Dec 31, 2023