Allegiant Travel Company (ALGT)

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	Mar 31, 2020
Receivables turnover		27.79	40.05	32.68	34.71	35.48	57.11	53.14	42.41	21.60	27.63	24.45	21.18	27.26	9.89	6.84	4.57	5.15	7.22	6.90	9.46
DSO	days	13.13	9.11	11.17	10.51	10.29	6.39	6.87	8.61	16.90	13.21	14.93	17.23	13.39	36.91	53.39	79.84	70.86	50.58	52.86	38.58

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 27.79
= 13.13

The Days of Sales Outstanding (DSO) is a financial ratio that measures the average time it takes for a company to collect its accounts receivable. Looking at the DSO trend for Allegiant Travel Company from March 31, 2020, to December 31, 2024, we observe fluctuations in the collection period.

The DSO for Allegiant Travel Company was at a relatively low level of 38.58 days on March 31, 2020, indicating efficient accounts receivable management. However, there was an increase in the collection period to 70.86 days by December 31, 2020, reflecting potential difficulties in collecting outstanding payments.

Subsequently, there was a fluctuation in the DSO from March 31, 2021, to December 31, 2022, with some periods showing improvements while others experiencing increases. Notably, the DSO was at its lowest level of 6.39 days on September 30, 2023, indicating a significant improvement in accounts receivable collection efficiency.

By December 31, 2024, the DSO stood at 13.13 days, slightly higher than the previous period, suggesting a longer collection period compared to the immediate prior quarters. Overall, the trend in DSO for Allegiant Travel Company shows variability in accounts receivable collection efficiency over the analyzed period, with periods of improvement and areas of increased collection times.