Triumph Group Inc (TGI)
Days of sales outstanding (DSO)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 8.35 | 5.61 | 4.60 | 5.20 | 5.69 | |
| DSO | days | 43.69 | 65.09 | 79.35 | 70.13 | 64.17 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.35
= 43.69
The days of sales outstanding (DSO) ratio measures the average number of days it takes for a company to collect revenue after a sale is made. For Triumph Group Inc, the DSO trend over the past five years shows some fluctuations:
1. As of March 31, 2021, Triumph had a DSO of 64.17 days, indicating that on average, it took the company about 64 days to collect revenue from its customers.
2. The DSO increased to 70.13 days by March 31, 2022, suggesting a slower collection process compared to the previous year.
3. By March 31, 2023, the DSO further increased to 79.35 days, signaling potential challenges in collecting receivables efficiently and promptly.
4. However, there was a notable improvement by March 31, 2024, as the DSO decreased to 65.09 days, indicating a more efficient collection process compared to the prior year.
5. The most recent data as of March 31, 2025, shows a significant drop in DSO to 43.69 days, which could imply improved cash management and quicker collection of receivables.
Analyzing these trends, Triumph Group Inc experienced fluctuations in its DSO over the five-year period, with some years showing improvements in collection efficiency while others indicating challenges in receivables management. It is important for the company to monitor its DSO continuously to ensure timely collection of revenue and effective cash flow management.
Peer comparison
Mar 31, 2025