Boston Beer Company Inc (SAM)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 29.56 | 29.23 | 31.29 | 18.97 | 19.57 | |
| DSO | days | 12.35 | 12.49 | 11.66 | 19.24 | 18.66 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 29.56
= 12.35
The days of sales outstanding (DSO) for Boston Beer Company Inc have exhibited fluctuations over the years. In December 2020, the DSO was reported at 18.66 days, indicating the average number of days it took for the company to collect payment from its customers. By December 2021, the DSO slightly increased to 19.24 days, suggesting a potential delay in receivables collection.
However, a significant improvement was observed by December 2022, with the DSO decreasing to 11.66 days. This lower DSO figure indicates that Boston Beer Company was able to collect payments more swiftly, potentially signaling an efficient accounts receivable management process. The trend continued in December 2023, with the DSO slightly increasing to 12.49 days while remaining at a relatively low level compared to the previous years.
By December 2024, the DSO remained stable at 12.35 days, reflecting the company's continued effectiveness in managing its receivables. Overall, the trend of decreasing DSO from 2020 to 2022 followed by a slight increase in subsequent years suggests that Boston Beer Company has been successful in optimizing its collections process, enhancing liquidity, and maintaining healthy relationships with its customers.
Peer comparison
Dec 31, 2024