Sensient Technologies Corporation (SXT)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 5.37 | 5.26 | 4.71 | 5.24 | 5.63 | |
| DSO | days | 67.99 | 69.43 | 77.53 | 69.70 | 64.87 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.37
= 67.99
Based on the data provided for Sensient Technologies Corporation's Days Sales Outstanding (DSO), we observe the following trend:
- In December 31, 2020, the DSO was 64.87 days.
- By December 31, 2021, the DSO had increased to 69.70 days.
- There was a further increase in DSO by December 31, 2022, reaching 77.53 days.
- However, by December 31, 2023, the DSO decreased to 69.43 days.
- Subsequently, by December 31, 2024, the DSO decreased further to 67.99 days.
Overall, the trend indicates fluctuations in the DSO over the years, with some periods showing increases and others showing decreases. It is essential for the company to closely monitor and manage its receivables turnover efficiency to minimize the DSO and improve cash flow management.
Peer comparison
Dec 31, 2024