Dentsply Sirona Inc (XRAY)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 5.14 | 6.18 | 0.03 | 4.91 | 5.14 | |
| DSO | days | 70.99 | 59.03 | 13,687.50 | 74.33 | 70.98 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.14
= 70.99
DENTSPLY Sirona Inc's Days Sales Outstanding (DSO) has shown a fluctuating trend over the past five years. The DSO for the most recent year, ending on December 31, 2023, was 63.98 days, which reflects the average number of days it takes for the company to collect revenue from sales.
Comparing the DSO for 2023 to the previous years, we can observe a slight increase from the prior year's DSO of 58.82 days. This may indicate that DENTSPLY Sirona Inc took slightly longer to collect its accounts receivable in 2023 compared to 2022.
When looking at a broader trend, DSO was relatively stable in 2021 and 2022, ranging between 58 and 65 days. Prior to that, there was an evident increase in DSO from 2019 to 2020, where it went from 70.84 days to 73.5 days.
Overall, the DSO metric for DENTSPLY Sirona Inc suggests that there have been some fluctuations in the efficiency of the company's accounts receivable management over the past five years. Further analysis and comparison with industry benchmarks may provide insights into the effectiveness of the company's credit and collection policies.
Peer comparison
Dec 31, 2023