Marriot Vacations Worldwide (VAC)
Days of sales outstanding (DSO)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) ratio for Marriott Vacations Worldwide Corp has exhibited a consistent trend over the past eight quarters. From Q1 2022 to Q4 2023, the DSO has ranged from a low of 190.97 days to a high of 210.65 days. This indicates that on average, it takes Marriott Vacations Worldwide Corp approximately 192 to 210 days to collect revenue from its sales.
The upward trend in DSO from Q1 2022 to Q4 2023 suggests that the company's accounts receivable turnover has been slowing down, indicating potential challenges in collecting payments from customers in a timely manner. It is important for Marriott Vacations Worldwide Corp to monitor and manage its DSO effectively to ensure healthy cash flow and efficient working capital management.
Further analysis of the underlying reasons for the increase in DSO can provide insights into the company's credit policies, collection processes, and overall efficiency in managing accounts receivable. Continual monitoring and improvement in DSO can help Marriott Vacations Worldwide Corp enhance its financial health and operational performance.