TXNM Energy, Inc. (TXNM)

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		—	—	—	—	—	—	—	—	—	8.52	8.78	11.46	9.57	8.08	8.16	10.29	8.72	7.37	8.58	10.81
DSO	days	—	—	—	—	—	—	—	—	—	42.83	41.58	31.86	38.12	45.17	44.72	35.46	41.84	49.55	42.53	33.76

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

TXNM Energy, Inc.'s days of sales outstanding (DSO) have shown fluctuations over the past few reporting periods. As of March 31, 2020, the DSO stood at 33.76 days, indicating the average number of days it takes for the company to collect on its sales. The DSO increased to 49.55 days by September 30, 2020, reflecting a potential delay in collecting receivables.

Throughout the subsequent quarters, the DSO figures have varied, with a noticeable decrease to 31.86 days by March 31, 2022, suggesting an improvement in the company's collection efficiency. However, by September 30, 2022, the DSO had risen to 42.83 days, signaling a potential increase in the time it takes for TXNM Energy to receive payments from its customers.

As of the most recent reported data, the DSO for December 31, 2022, and beyond is not available (denoted as "— days"), making it challenging to assess the company's current collection performance accurately. Monitoring DSO trends can provide insights into TXNM Energy's accounts receivable management and liquidity position.