Xerox Corp (XRX)
Days of sales outstanding (DSO)
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 8.11 | 6.27 | 6.09 | 4.90 | 8.27 | 4.45 | 4.36 | 8.89 | 8.43 | 8.54 | 8.45 | 3.95 | 3.92 | 3.82 | 3.88 | 3.84 | 3.66 | 3.94 | 4.46 | |
| DSO | days | 45.00 | 58.20 | 59.94 | 74.42 | 44.14 | 81.95 | 83.71 | 41.04 | 43.28 | 42.74 | 43.22 | 92.33 | 93.01 | 95.52 | 94.07 | 95.17 | 99.77 | 92.72 | 81.93 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.11
= 45.00
The days of sales outstanding (DSO) for Xerox Corp have exhibited fluctuation over the period from June 30, 2020, to December 31, 2024. Initially, the DSO was 81.93 days as of June 30, 2020, and experienced an increase to 99.77 days by December 31, 2020. Subsequently, there was a slight decrease in DSO to 95.17 days by March 31, 2021.
The trend continued with some fluctuations, reaching a low of 41.04 days by March 31, 2023, before rising again to 83.71 days by June 30, 2023. A significant decrease was observed in the DSO for the periods ending June 30, 2022, and September 30, 2022, where the values were recorded at 43.22 days and 42.74 days, respectively.
Following this, the DSO decreased further to 41.04 days by March 31, 2023. The DSO then increased gradually to 44.14 days by December 31, 2023, before dropping again to 45.00 days by December 31, 2024. The DSO for the most recent data point, December 31, 2024, at 45.00 days, indicates an efficient collection of accounts receivable in comparison to previous periods.
Overall, the DSO trend for Xerox Corp reflects variability in the collection efficiency of accounts receivable over the analyzed period, with efforts to optimize the collection process evident in the more recent data points. It is essential to closely monitor and analyze DSO to ensure effective management of credit and liquidity within the company.
Peer comparison
Dec 31, 2024