Universal Health Services Inc (UHS)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 6.29 | 6.58 | 7.19 | 6.62 | 7.19 | |
| DSO | days | 58.04 | 55.49 | 50.76 | 55.10 | 50.80 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.29
= 58.04
The days of sales outstanding (DSO) for Universal Health Services, Inc. have exhibited fluctuations over the past five years. In 2023, the DSO was 57.20 days, showing an increase from the previous year when it was 54.96 days in 2022. This suggests that the company took longer to collect its accounts receivable in 2023 compared to the prior year.
Looking further back, the DSO was 50.43 days in 2021, which indicates a significant improvement compared to 2023. However, in 2020 and 2019, the DSO was higher at 54.60 days and 50.07 days, respectively.
Overall, while there have been fluctuations in Universal Health Services, Inc.'s DSO over the past five years, it is essential for the company to monitor and manage its accounts receivable effectively to maintain a healthy cash flow position.
Peer comparison
Dec 31, 2023