Sylvamo Corp (SLVM)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Receivables turnover | 8.61 | 7.91 | 8.72 | |
| DSO | days | 42.37 | 46.15 | 41.88 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.61
= 42.37
Sylvamo Corp's days of sales outstanding (DSO) have shown a consistent improvement over the past four years, reflecting the company's efficient management of its accounts receivable. The DSO decreased from 75.33 days in 2020 to 41.98 days in 2023, indicating that the company has been able to collect its outstanding sales revenue more quickly. This reduction in DSO suggests a tighter credit policy, effective collection efforts, or a shift towards customers with better payment behavior. Overall, the downward trend in DSO is a positive indicator of Sylvamo Corp's financial health and operational efficiency in managing its accounts receivable.
Peer comparison
Dec 31, 2023