UGI Corporation (UGI)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 9.42 | 9.77 | 8.05 | 7.39 | 8.96 | |
| DSO | days | 38.73 | 37.37 | 45.33 | 49.41 | 40.73 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.42
= 38.73
The days of sales outstanding (DSO) ratio for UGI Corporation has fluctuated over the past five years, ranging from 37.37 days in 2023 to 49.41 days in 2021. The DSO measures how long it takes for the company to collect its accounts receivable, with a lower number indicating faster collection.
In 2024, UGI Corporation's DSO stood at 38.73 days, which demonstrates an improvement compared to the previous year. This suggests that the company is collecting its receivables more efficiently and effectively managing its cash flow.
Overall, the trend in DSO for UGI Corporation shows variability but seems to be on a positive trajectory in recent years, indicating potential improvements in the company's receivables management practices.
Peer comparison
Sep 30, 2024