Snap-On Inc (SNA)
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 | 3.30 | 3.31 | 3.38 | 3.30 | 3.39 | 3.39 | 3.36 | — | 3.38 | — | — | — | 3.45 | — | — | — | 3.07 | 3.02 | 3.22 | 3.22 | |
| DSO | days | 110.46 | 110.38 | 108.10 | 110.54 | 107.62 | 107.79 | 108.67 | — | 108.07 | — | — | — | 105.89 | — | — | — | 118.83 | 121.01 | 113.19 | 113.35 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.30
= 110.46
The Days Sales Outstanding (DSO) ratio for Snap-On Inc indicates the average number of days it takes for the company to collect revenue after making a sale. Looking at the historical data provided, we observe fluctuations in DSO over time.
As of December 31, 2024, the DSO stands at 110.46 days, showing a slight increase from the previous period. This suggests that Snap-On Inc takes around 110 days on average to collect revenue from its sales.
It is important to note that there are missing data points in the dataset, particularly for the quarterly periods in 2021 and 2022. The absence of data for these periods could impact the overall trend analysis and our ability to draw comprehensive conclusions.
Overall, monitoring the DSO trend over time can provide insights into the company's efficiency in collecting revenue and managing its accounts receivable. A decreasing DSO generally indicates improved liquidity and effective credit management, while an increasing DSO may raise concerns about potential cash flow challenges and collection issues.
Peer comparison
Dec 31, 2024