EchoStar Corporation (SATS)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 13.60 | 8.47 | 9.98 | 9.79 | 9.17 | |
| DSO | days | 26.83 | 43.08 | 36.57 | 37.28 | 39.79 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 13.60
= 26.83
The Days Sales Outstanding (DSO) for EchoStar Corporation has shown variability over the past five years. In 2023, the DSO decreased significantly to 26.83 days compared to 2022 when it was 43.08 days. This decrease indicates that the company collected its accounts receivable more efficiently in 2023. However, it is worth noting that the DSO in 2021 was lower at 36.57 days compared to 2022, indicating even better collections in 2021. In 2020 and 2019, the DSO was 37.28 days and 39.79 days, respectively, showing some consistency in collections efficiency during those years. Overall, the trend in DSO for EchoStar Corporation suggests varying levels of efficiency in collecting sales revenue over the past five years.
Peer comparison
Dec 31, 2023