Sempra Energy (SRE)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 7.35 | 5.15 | 5.92 | 6.65 | 7.71 | |
| DSO | days | 49.69 | 70.83 | 61.69 | 54.93 | 47.36 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.35
= 49.69
The Days of Sales Outstanding (DSO) for Sempra have displayed fluctuations over the past five years. In 2023, the DSO stands at 61.93 days, showing an improvement compared to the previous year where it was 88.15 days in 2022. This indicates that Sempra has been able to collect its accounts receivable more efficiently in 2023. However, in 2021 and 2020, the DSO was 72.99 days and 67.86 days respectively, suggesting slightly slower collection of receivables during those years. In 2019, the DSO was 62.69 days, which is relatively close to the 2023 figure.
Overall, the decreasing trend in DSO from 2022 to 2023 indicates a positive development in Sempra's ability to collect payments from customers, potentially improving its cash flow and working capital management. However, it would be beneficial for Sempra to continue monitoring and managing its receivables effectively to ensure sustained efficient collection processes in the future.
Peer comparison
Dec 31, 2023