Warner Music Group (WMG)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.98 | 5.12 | 5.19 | 5.12 | 5.27 | 5.29 | 5.71 | 5.79 | 6.11 | 6.02 | 6.27 | 5.96 | 6.31 | 6.04 | 6.03 | 5.14 | 5.79 | 6.09 | 5.91 | 5.13 | |
| DSO | days | 73.32 | 71.33 | 70.28 | 71.32 | 69.21 | 68.98 | 63.98 | 63.00 | 59.69 | 60.65 | 58.18 | 61.25 | 57.86 | 60.41 | 60.54 | 71.04 | 63.06 | 59.89 | 61.76 | 71.10 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.98
= 73.32
Warner Music Group's Days Sales Outstanding (DSO) has shown a fluctuating trend over the past several quarters. As of September 30, 2024, the DSO stood at 73.32 days, which indicates that on average, it took the company approximately 73.32 days to collect its accounts receivable.
Comparing this figure to the historical data reveals that the DSO has seen an increasing trend over the past few quarters, with a peak of 73.32 days in the most recent quarter. This could suggest that Warner Music Group is taking longer to collect payments from its customers, which may have implications for the company's cash flow and liquidity.
Analyzing the trend over time, the DSO has experienced some volatility, with periods of increase and decrease. It is essential for the company to closely monitor this metric and implement strategies to improve its accounts receivable management. High DSO can indicate potential issues with credit policies, collection efficiency, or customer creditworthiness, which may impact the company's overall financial performance.
Overall, Warner Music Group's DSO is an important metric to track in order to assess the efficiency of its accounts receivable management and ensure healthy cash flow operations.
Peer comparison
Sep 30, 2024