Tennant Company (TNC)
Days of sales outstanding (DSO)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Receivables turnover | — | — | — | — | — | |
DSO | days | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Based on the data provided, Tennant Company's days of sales outstanding (DSO) information is not available for the years 2020, 2021, 2022, 2023, and 2024. This lack of information regarding DSO makes it challenging to assess the company's efficiency in collecting accounts receivable and managing its cash flow. Ideally, a decreasing trend in DSO would indicate that Tennant Company is collecting payments from customers more quickly, while an increasing trend could suggest potential issues with receivables management. Without specific DSO figures, a detailed analysis of Tennant Company's receivables turnover efficiency and cash flow cycle is not feasible at this time.
Peer comparison
Dec 31, 2024