Westinghouse Air Brake Technologies Corp (WAB)
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 | 7.99 | 6.90 | 7.03 | 7.15 | 7.76 | 7.92 | 7.79 | 7.77 | 7.06 | 7.90 | 7.40 | 7.38 | 7.57 | 7.59 | 8.15 | 4.99 | 4.82 | 4.05 | 3.44 | 2.77 | |
| DSO | days | 45.66 | 52.87 | 51.94 | 51.06 | 47.06 | 46.06 | 46.85 | 46.96 | 51.67 | 46.20 | 49.34 | 49.48 | 48.20 | 48.08 | 44.79 | 73.09 | 75.71 | 90.19 | 105.98 | 131.82 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.99
= 45.66
Based on the data provided for Westinghouse Air Brake Technologies Corp's Days Sales Outstanding (DSO), we observe fluctuations in the DSO over the past eight quarters. The DSO measures how long it takes for the company to collect its accounts receivable, with lower values indicating faster collection.
In Q4 2023, the DSO was 63.52 days, showing an improvement from the previous quarter. This suggests that the company managed to collect its accounts receivable more efficiently during this period. However, the DSO in Q4 2023 was still higher compared to the same quarter in the previous year.
Over the past eight quarters, we see some variability in the DSO with fluctuations around the mid-60s range. This indicates that there have been inconsistencies in the company's collection efforts. It is important for Westinghouse Air Brake Technologies Corp to closely monitor and manage its accounts receivable to ensure timely collections and maintain healthy cash flow.
Further analysis and comparison with industry benchmarks or historical data could provide more insights into the effectiveness of the company's credit and collection policies.
Peer comparison
Dec 31, 2023