Somnigroup International Inc. (SGI)
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 | — | — | — | — | — | — | 10.39 | 10.60 | 11.65 | 10.43 | 10.73 | 12.02 | 11.75 | 9.07 | 9.52 | 9.81 | 9.58 | 7.92 | 9.30 | 8.68 | |
| DSO | days | — | — | — | — | — | — | 35.12 | 34.45 | 31.34 | 34.99 | 34.01 | 30.36 | 31.05 | 40.24 | 38.35 | 37.21 | 38.09 | 46.09 | 39.23 | 42.03 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Days Sales Outstanding (DSO) is a key financial ratio that measures the average number of days a company takes to collect revenue after a sale is made. Lower DSO values indicate a quicker collection of receivables and a more efficient cash conversion cycle.
Analyzing the DSO trend of Somnigroup International Inc. from March 31, 2020, to June 30, 2024, we observe fluctuations in the metric.
The DSO for the company stood at 42.03 days on March 31, 2020, and gradually decreased to 30.36 days by March 31, 2022. This reduction in DSO suggests an improvement in the company's accounts receivable collection efficiency over this period.
However, from June 30, 2022, to March 31, 2023, there was a slight increase in DSO from 34.01 days to 35.12 days. This uptick may indicate a slowdown in the collection of receivables during this particular timeframe.
Notably, there are missing data points from September 30, 2023, onwards, indicating a lack of available information for further assessment of the DSO trend beyond this date.
Overall, the decreasing trend in DSO from 42.03 days to 35.12 days suggests that Somnigroup International Inc. has been managing its accounts receivable effectively up to the available data points. Further analysis incorporating additional data points beyond June 30, 2023, would be necessary to provide a comprehensive assessment of the company's DSO performance in the future.
Peer comparison
Dec 31, 2024