Sturm Ruger & Company Inc (RGR)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 9.08 | 9.10 | 12.81 | 9.83 | 7.80 | |
| DSO | days | 40.18 | 40.09 | 28.49 | 37.13 | 46.80 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.08
= 40.18
Sturm, Ruger & Co., Inc.'s Days Sales Outstanding (DSO) measures the average number of days it takes for the company to collect revenue after making a sale. Looking at the trend over the past five years, we observe fluctuations in DSO:
- In 2023, the DSO was 40.18 days, showing a slight increase compared to the previous year.
- In 2022 and 2021, the DSO remained relatively consistent at around 40 days, indicating stable collection practices.
- A significant improvement was seen in 2021 when DSO decreased to 28.49 days, suggesting more efficient revenue collection.
- In 2020 and 2019, the DSO was higher, indicating a longer collection period, which may have been influenced by various factors such as changes in sales volume or collection procedures.
Overall, while there have been fluctuations in DSO, it is important for Sturm, Ruger & Co., Inc. to monitor this metric closely to ensure efficient cash flow management and timely collection of accounts receivable.
Peer comparison
Dec 31, 2023