Gibraltar Industries Inc (ROCK)
Days of sales outstanding (DSO)
| Dec 31, 2024 | 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 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 7.73 | 6.46 | 5.26 | 5.96 | 6.14 | 5.32 | 5.12 | 5.93 | 6.40 | 5.12 | 5.04 | 5.57 | 5.67 | 4.87 | 5.32 | 5.53 | 5.22 | 4.88 | 4.95 | 5.37 | |
| DSO | days | 47.23 | 56.53 | 69.35 | 61.22 | 59.49 | 68.67 | 71.35 | 61.52 | 57.02 | 71.34 | 72.44 | 65.49 | 64.41 | 74.87 | 68.65 | 65.94 | 69.99 | 74.77 | 73.81 | 67.94 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.73
= 47.23
Days Sales Outstanding (DSO) is a key financial ratio that measures how long it takes for a company to collect its accounts receivable. A lower DSO indicates that the company is collecting payments faster, which is generally viewed as positive.
Analyzing the DSO trend of Gibraltar Industries Inc over the past few years, we observe the following:
- The DSO has shown some fluctuations but generally has been within a reasonable range, indicating effective management of accounts receivable.
- In December 2024, the DSO was notably low at 47.23 days, which could suggest efficient collection processes or a reduction in outstanding receivables.
- The DSO trend has shown a slight decrease towards the end of 2024, which could indicate improved efficiency in collecting payments from customers.
- However, it is important to monitor DSO in conjunction with other financial ratios and factors to gain a comprehensive understanding of the company's overall financial health.
In conclusion, based on the DSO data provided, Gibraltar Industries Inc appears to have maintained a relatively stable DSO, with fluctuations that may be reflective of industry or seasonal trends. Further analysis and comparison with industry benchmarks could provide additional insights into the company's accounts receivable management.
Peer comparison
Dec 31, 2024