Valmont Industries Inc (VMI)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 6.22 | 6.26 | 7.19 | 6.05 | 5.58 | |
| DSO | days | 58.72 | 58.34 | 50.75 | 60.30 | 65.44 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.22
= 58.72
The Days Sales Outstanding (DSO) of Valmont Industries Inc has shown a decreasing trend over the past five years, declining from 65.44 days as of December 31, 2020, to 58.72 days as of December 31, 2024. This indicates that the company has been collecting its accounts receivable more efficiently over the period under review. Despite a slight increase in 2023, the overall trend suggests an improvement in the company's ability to convert its sales into cash. A lower DSO value signifies quicker collection of outstanding receivables, which can positively impact cash flows and working capital management for the company.
Peer comparison
Dec 31, 2024