WESCO International Inc (WCC)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 3.98 | 3.80 | 3.96 | 3.37 | 4.87 | |
| DSO | days | 91.64 | 95.99 | 92.19 | 108.27 | 74.96 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.98
= 91.64
The Days Sales Outstanding (DSO) for Wesco International, Inc. has fluctuated over the past five years. In 2023, the DSO decreased to 66.36 days from 69.84 days in 2022. This suggests that the company has been able to collect its accounts receivable more efficiently in 2023 compared to the previous year.
Looking back, there was a slight increase in DSO in 2022 compared to 2021 when it was 66.79 days. However, the most significant variation occurred in 2020 when the DSO spiked to 80.13 days, representing a possible challenge in collecting receivables during that period.
On a positive note, in 2019, Wesco International, Inc. had the lowest DSO of 56.84 days in the past five years, indicating strong efficiency in collecting payments from customers.
Overall, despite some fluctuations, the trend in DSO for Wesco International, Inc. shows a generally manageable collection period, with efforts to improve efficiency evident in 2023 compared to earlier years.
Peer comparison
Dec 31, 2023