United States Steel Corporation (X)

Days of sales outstanding (DSO)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Receivables turnover 12.88 9.71 9.80
DSO days 28.33 37.61 37.25

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

Based on the provided data, United States Steel Corporation's Days Sales Outstanding (DSO) has shown a generally favorable trend over the years.

The DSO for United States Steel Corporation was 37.25 days as of December 31, 2020, which slightly increased to 37.61 days by December 31, 2021. However, the company managed to demonstrate an improvement in its DSO metric by reducing it to 28.33 days as of December 31, 2022.

It is important to note that the DSO figures for December 31, 2023, and December 31, 2024 are not available (denoted as "— days"), which may indicate that the data for these periods is either missing or not disclosed.

Overall, a lower DSO indicates that the company is collecting its accounts receivable more effectively, which can improve liquidity and cash flow. The reduction in DSO from 2021 to 2022 suggests that United States Steel Corporation may have implemented more efficient credit and collections practices, resulting in quicker conversion of sales into cash. This could be a positive sign for the company's financial health and operational efficiency.


See also:

United States Steel Corporation Average Receivable Collection Period