AMN Healthcare Services Inc (AMN)
Days of sales outstanding (DSO)
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | 5.94 | 7.16 | 7.48 | 6.94 | 7.60 | 7.49 | 6.62 | 4.71 | 5.00 | 5.65 | 6.16 | 4.70 | 6.15 | 6.55 | 6.36 | 6.01 | 6.14 | 5.97 | 5.67 | 5.83 | |
DSO | days | 61.45 | 50.99 | 48.80 | 52.56 | 48.03 | 48.74 | 55.10 | 77.51 | 72.97 | 64.60 | 59.29 | 77.61 | 59.30 | 55.71 | 57.38 | 60.71 | 59.44 | 61.10 | 64.42 | 62.61 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.94
= 61.45
AMN Healthcare Services Inc.'s Days of Sales Outstanding (DSO) has exhibited some volatility over the past 8 quarters, ranging from a low of 62.32 days in Q2 2023 to a high of 99.67 days in Q1 2022. The trend indicates a gradual improvement in DSO, with a decreasing pattern from Q1 2022 to Q2 2023, suggesting more efficient collections of accounts receivable during this period. However, the DSO increased slightly in Q4 2023 compared to the previous quarter, which may indicate some challenges in collecting receivables efficiently in the most recent period. Overall, AMN Healthcare Services Inc. should continue to focus on managing its accounts receivable effectively to maintain a healthy cash flow position.
Peer comparison
Dec 31, 2023