Boston Beer Company Inc (SAM)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 29.23 | 31.29 | 18.97 | 19.57 | 19.57 | |
| DSO | days | 12.49 | 11.66 | 19.24 | 18.66 | 18.65 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 29.23
= 12.49
To analyze Boston Beer Company Inc's Days Sales Outstanding (DSO) trend over the past five years, we can observe the following:
1. The company's DSO has been relatively stable over the past five years, ranging from 11.66 days to 19.24 days.
2. There was a noticeable increase in DSO from 11.66 days in 2022 to 19.24 days in 2021, indicating a potential delay in collecting accounts receivable during that period.
3. However, the DSO decreased to 12.49 days in 2023, suggesting an improvement in the company's collection efficiency compared to the previous year.
4. Overall, Boston Beer Company Inc's DSO indicates that the company has been managing its accounts receivable effectively, with fluctuations in collection periods but generally maintaining a reasonable level of efficiency in collecting sales proceeds.
In summary, Boston Beer Company Inc has shown a relatively stable DSO trend over the past five years, with fluctuations reflecting changes in collection efficiency over time.
Peer comparison
Dec 31, 2023