Amphastar P (AMPH)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 5.61 | 5.62 | 5.56 | 5.30 | 7.10 | |
| DSO | days | 65.11 | 64.96 | 65.70 | 68.86 | 51.38 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.61
= 65.11
The Days of Sales Outstanding (DSO) metric for Amphastar Pharmaceuticals Inc has shown slight fluctuations over the past five years. In 2023, the DSO was 65.11 days, which was slightly higher compared to 2022 when it was 64.96 days. Similarly, in 2021, the DSO was 65.70 days, reflecting a minor increase from the previous year. The highest DSO recorded in recent years was in 2020 at 68.86 days, indicating a delay in collecting sales revenue. On the other hand, the lowest DSO was in 2019 at 51.38 days, suggesting a faster collection of receivables.
Overall, the DSO trend for Amphastar Pharmaceuticals Inc indicates a relatively stable collection efficiency, with some variations year over year. It is important for the company to monitor and manage its DSO effectively to ensure timely collection of receivables and optimize cash flow.
Peer comparison
Dec 31, 2023