Wynn Resorts Limited (WYNN)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		22.75	17.68	15.33	16.89	8.28
DSO	days	16.04	20.64	23.82	21.60	44.10

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 22.75
= 16.04

To analyze Wynn Resorts Limited's days of sales outstanding (DSO) over the years provided, we observe a trend of decreasing DSO from 44.10 days as of December 31, 2020, to 16.04 days as of December 31, 2024. This indicates an improvement in the company's ability to collect its accounts receivable more efficiently.

A lower DSO signifies that Wynn Resorts is collecting payments from customers more quickly, which can lead to improved cash flows and liquidity. The decreasing trend in DSO over the years suggests that the company has been managing its receivables effectively.

A reduction in DSO can have positive implications for the company's working capital management and overall financial health. It indicates that Wynn Resorts is effectively managing its receivables, possibly through stricter credit policies, improved billing processes, or proactive collection efforts.

Overall, the declining DSO trend for Wynn Resorts Limited reflects a positive development in its accounts receivable management, indicating improved efficiency in collecting sales revenue.