Amcor PLC (AMCR)
Days of sales outstanding (DSO)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.38 | 6.84 | 7.63 | 6.87 | 7.39 | 7.12 | 7.71 | 7.71 | 7.84 | 7.34 | 7.59 | 7.48 | 7.52 | 6.74 | 7.19 | 6.80 | 6.90 | 7.07 | 7.43 | 7.43 | |
| DSO | days | 83.32 | 53.39 | 47.85 | 53.15 | 49.40 | 51.26 | 47.34 | 47.32 | 46.58 | 49.73 | 48.08 | 48.81 | 48.56 | 54.15 | 50.74 | 53.65 | 52.90 | 51.62 | 49.15 | 49.15 |
June 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.38
= 83.32
The Days of Sales Outstanding (DSO) for Amcor PLC over the analyzed period demonstrates notable fluctuations, reflecting shifts in the company's receivables collection efficiency. As of September 30, 2020, the DSO was relatively stable at 49.15 days, maintaining this level through December 31, 2020. A gradual increase commenced thereafter, reaching 51.62 days on March 31, 2021, indicative of a slight extension in receivables collection time. This upward trend persisted, culminating in a peak of 54.15 days on March 31, 2022.
Subsequently, there was a marked decline, with DSO diminishing to approximately 48.56 days on June 30, 2022, and remaining relatively stable around this level through September 2022 and December 2022. During this period, the DSO hovered near the mid-48 days, suggesting an improvement in receivables management and possibly more efficient collection processes.
However, a modest increase was observed again through early 2023, with the DSO rising to 49.73 days on March 31, 2023. The subsequent period saw an improvement, bringing the DSO down to 46.58 days on June 30, 2023. By September 2023, the DSO slightly increased to 47.32 days but remained relatively consistent through December 2023 at 47.34 days.
The first quarter of 2024 exhibited an uptick, with the DSO reaching 51.26 days on March 31, 2024. This was followed by a return to approximately 49.40 days on June 30, 2024, with a slight increase again to 53.15 days by September 30, 2024. The end of 2024 saw the DSO decrease marginally to 47.85 days.
The most significant change occurred in the first half of 2025, where the DSO saw a sharp rise to 53.39 days on March 31, 2025, and then surged dramatically to 83.32 days by June 30, 2025. This substantial increase indicates a pronounced deterioration in collection efficiency or potentially extended credit terms during this period.
In summary, the DSO for Amcor PLC has exhibited cyclical fluctuations ranging approximately from the low 46 days to over 83 days in mid-2025. The overall trend suggests periods of relative stability interspersed with intermittent increases, culminating in a notable peak in Q2 2025. The recent trend indicates a return toward prior lower levels, but the sharp spike in mid-2025 signifies a critical point of concern regarding receivables management or credit policy adjustments.