Service Corporation International (SCI)
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 | 44.37 | 51.25 | 47.51 | 45.81 | 41.86 | 48.40 | 48.18 | 39.90 | 42.50 | 47.70 | 44.73 | 40.55 | 39.07 | 40.70 | 43.95 | 42.27 | 37.78 | 42.41 | 42.14 | 43.10 | |
| DSO | days | 8.23 | 7.12 | 7.68 | 7.97 | 8.72 | 7.54 | 7.58 | 9.15 | 8.59 | 7.65 | 8.16 | 9.00 | 9.34 | 8.97 | 8.31 | 8.64 | 9.66 | 8.61 | 8.66 | 8.47 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 44.37
= 8.23
The days of sales outstanding (DSO) for Service Corporation International have fluctuated over the past few years. The DSO indicates the average number of days it takes for the company to collect its accounts receivable.
From March 31, 2020, to December 31, 2020, we observed a slight increase in DSO from 8.47 days to 9.66 days. However, the DSO improved in the following quarters, reaching a low of 8.16 days by June 30, 2022.
Thereafter, the DSO increased steadily, peaking at 9.15 days by March 31, 2023. However, a significant improvement was seen in the subsequent quarters, with DSO dropping to 7.12 days by September 30, 2024.
Overall, the trend in DSO reflects fluctuations in the efficiency of the company's accounts receivable collection process. It is notable that the company managed to reduce the DSO significantly by the end of the period analyzed, indicating an improvement in collecting receivables promptly.
Peer comparison
Dec 31, 2024