Transdigm Group Incorporated (TDG)
Days of sales outstanding (DSO)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 5.75 | 5.85 | 6.08 | 6.09 | 5.35 | 5.39 | — | 6.55 | 5.61 | — | — | — | 6.07 | — | — | — | — | — | — | — | |
| DSO | days | 63.48 | 62.38 | 60.02 | 59.90 | 68.18 | 67.76 | — | 55.74 | 65.01 | — | — | — | 60.16 | — | — | — | — | — | — | — |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.75
= 63.48
The days of sales outstanding (DSO) for Transdigm Group Incorporated have shown varying trends over the past several quarters. In the most recent quarter ended September 30, 2024, the DSO was 63.48 days, which indicates that, on average, it takes approximately 63.48 days for the company to collect its accounts receivable.
Comparing this figure to the previous quarters, we observe a slight increase from the DSO of 62.38 days in the quarter ended June 30, 2024. However, there was a noticeable improvement from the DSO of 68.18 days in the quarter ended September 30, 2023.
Looking further back, there are some data gaps such as missing DSO values for certain quarters, making it challenging to assess the complete trend. Nevertheless, monitoring the DSO metric over time is crucial for evaluating the company's efficiency in collecting receivables and managing its working capital effectively. It is advisable for Transdigm Group Incorporated to strive for consistency in maintaining a reasonable DSO figure to optimize its cash flow and financial performance.