World Kinect Corporation (WKC)

World Kinect Corporation's Days Sales Outstanding (DSO) has shown a fluctuating trend over the past five years. In December 2020, the DSO was at 22.20 days, indicating that on average, it took the company 22.20 days to collect its accounts receivable.

There was an increase in DSO to 27.43 days by December 2021, suggesting a slower collection of accounts receivable compared to the previous year. This increase may indicate potential issues with customer creditworthiness or collection processes.

However, there was a significant improvement in DSO to 20.36 days by December 2022, indicating a more efficient collection process or tighter credit policies, positively impacting the company's cash flow.

The trend continued with a slight increase to 20.66 days by December 2023 and a further increase to 21.06 days by December 2024. Despite these minor increases, the company has managed to maintain relatively low DSO levels compared to the previous years.

Overall, World Kinect Corporation has demonstrated a mix of efficient and slightly slower accounts receivable collection over the five-year period. It is essential for the company to monitor its DSO closely and continue implementing strategies to ensure timely collection of receivables to maintain healthy cash flow and financial stability.