Union Pacific Corporation (UNP)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 11.19 | 12.78 | 12.05 | 12.98 | 13.61 | |
| DSO | days | 32.62 | 28.57 | 30.30 | 28.12 | 26.82 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 11.19
= 32.62
Based on the data provided for Union Pacific Corp.'s Days of Sales Outstanding (DSO) over the last five years, we observe the following trend:
- The DSO for the company has shown a slight increase from 26.82 days in 2019 to 31.37 days in 2023. This indicates that, on average, it took Union Pacific Corp. longer to collect its accounts receivable in 2023 compared to 2019.
- Despite the increase in 2023, the DSO in 2022 was lower at 27.75 days, suggesting a more efficient collection of receivables compared to the most recent year.
- The DSO figures for 2021 and 2020 were relatively stable at 28.83 days and 28.12 days, respectively, indicating a consistent performance in managing accounts receivable during those years.
Overall, Union Pacific Corp. has demonstrated some variability in its DSO over the past five years, with a notable increase in 2023. It would be important for stakeholders to further investigate the reasons behind these fluctuations to assess the company's effectiveness in managing its receivables and maintaining positive cash flow.
Peer comparison
Dec 31, 2023
See also:
Union Pacific Corporation Average Receivable Collection Period