Sturm Ruger & Company Inc (RGR)
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 | 9.08 | 9.39 | 10.95 | — | 9.10 | — | — | — | 12.81 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 40.18 | 38.88 | 33.34 | — | 40.09 | — | — | — | 28.49 | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.08
= 40.18
The Days of Sales Outstanding (DSO) for Sturm, Ruger & Co., Inc. have shown some variability over the past eight quarters. In Q4 2023, the DSO was 40.18 days, slightly higher compared to the previous quarter's 38.88 days. Prior to Q4 2023, there was a decreasing trend in DSO from Q2 2023 to Q3 2023. Q2 2023 recorded the lowest DSO of 33.34 days in the past eight quarters, indicating efficient collections on receivables during that period.
Comparing Q4 2023 to the same quarter in the previous year, there was a slight increase in DSO from 40.09 days in Q4 2022 to 40.18 days in Q4 2023. Similarly, in Q3 2023, there was a year-over-year increase in DSO compared to Q3 2022. However, in Q2 2023, the year-over-year comparison showed a significant improvement in DSO from 36.44 days in Q2 2022 to 33.34 days in Q2 2023, indicating a faster collection of accounts receivable in the most recent year.
Overall, despite some fluctuations, the company has managed to keep its DSO within a reasonable range over the past eight quarters, suggesting a sound credit and collection policy. It is important for the company to monitor its DSO closely to ensure efficient management of accounts receivable and timely collection of sales revenues.
Peer comparison
Dec 31, 2023