Sylvamo Corp (SLVM)
Days of sales outstanding (DSO)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 8.66 | 8.65 | 8.45 | 8.41 | 8.26 | 7.80 | 7.91 | ||||
| DSO | days | 42.16 | 42.22 | 43.18 | 43.42 | 44.20 | 46.78 | 46.15 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.66
= 42.16
Sylvamo Corp's Days Sales Outstanding (DSO) measures the average number of days it takes for the company to collect payment after making a sale. Looking at the trend over the past five quarters, we observe a fluctuating pattern in DSO. The DSO has decreased from 45.27 days in Q4 2022 to 41.98 days in Q4 2023, indicating an improvement in the company's ability to collect receivables more efficiently. However, there was a slight uptick in DSO in the most recent quarter compared to Q3 2023, where it was 43.54 days.
Overall, Sylvamo Corp has shown some level of effectiveness in managing its accounts receivable turnover, as evidenced by the general downward trend in DSO. Continuous monitoring of this metric will be important to ensure the company maintains efficient cash flow management and timely collection of receivables.
Peer comparison
Dec 31, 2023