Triumph Group Inc (TGI)
Days of sales outstanding (DSO)
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 5.85 | 5.52 | 4.91 | 5.83 | 6.23 | 6.27 | 5.12 | 5.00 | 4.60 | 4.77 | 4.88 | 5.32 | 5.20 | 4.97 | 5.06 | 5.30 | 5.69 | 6.43 | 5.56 | 5.78 | |
| DSO | days | 62.36 | 66.11 | 74.36 | 62.56 | 58.57 | 58.24 | 71.34 | 72.98 | 79.35 | 76.60 | 74.79 | 68.60 | 70.13 | 73.38 | 72.18 | 68.89 | 64.17 | 56.77 | 65.61 | 63.12 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.85
= 62.36
Triumph Group Inc's Days Sales Outstanding (DSO) is a measure that indicates how efficiently the company is managing its accounts receivable. A lower DSO value is generally preferred as it demonstrates that the company is able to collect cash from customers quickly, thereby improving its liquidity.
Analyzing the trend of Triumph Group Inc's DSO over the given time period, we observe fluctuations in the metric. The DSO increased from 63.12 days as of June 30, 2020, reaching a peak of 79.35 days as of March 31, 2023, then slightly declining to 62.56 days as of June 30, 2024. Notably, on several occasions, the DSO exceeded 70 days, indicating potential challenges in timely collection of accounts receivable.
It is essential for Triumph Group Inc to closely monitor and manage its DSO to ensure efficient cash flow management. A high DSO could imply issues with credit policies, collection procedures, or potential liquidity constraints. By implementing strategies to improve collections, such as tightening credit terms or enhancing collection efforts, Triumph Group Inc can enhance its financial health and liquidity position.
Peer comparison
Mar 31, 2025