Tennant Company (TNC)
Days of sales outstanding (DSO)
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) ratio for Tennant Company has been indicated as "— days" for the periods ranging from March 31, 2020, to December 31, 2024, in the provided data. The DSO ratio is a measure of how long it takes for a company to collect its accounts receivable from credit sales.
The fact that the DSO data is reported as "— days" for all the periods suggests that specific information regarding accounts receivable turnover and collection efficiency is not available or not disclosed in this dataset. Without the actual DSO values, it is not possible to assess the efficiency of Tennant Company's credit and collection policies, or to compare its performance in managing accounts receivable over time.
In analyzing the DSO ratio, it is generally recommended to aim for a lower DSO figure, as a lower number indicates that the company is collecting payments more quickly. A higher DSO figure may indicate that the company is having trouble collecting payments from customers, which could potentially impact cash flow and liquidity. However, without the specific DSO values, a detailed assessment of Tennant Company's accounts receivable management efficiency cannot be provided with the available data.
Peer comparison
Dec 31, 2024