Warner Music Group (WMG)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 5.09 | 5.25 | 6.19 | 6.29 | 5.79 | |
| DSO | days | 71.69 | 69.54 | 58.99 | 58.04 | 63.06 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.09
= 71.69
Warner Music Group's Days of Sales Outstanding (DSO) has shown fluctuations over the past five years. In the fiscal year ending September 30, 2024, the DSO was 71.69 days, representing an increase from the previous year's 69.54 days. However, compared to two years ago, the DSO has increased significantly from 58.99 days. This trend indicates a potential slowdown in the collection of receivables, which may impact the company's cash flow and liquidity position. It is essential for Warner Music Group to continue monitoring and managing its DSO effectively to ensure timely collection of revenues and maintain a healthy financial position.
Peer comparison
Sep 30, 2024