Atmos Energy Corporation (ATO)

Days of sales outstanding (DSO)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Receivables turnover		10.95	12.48	11.19	9.94	12.23
DSO	days	33.32	29.25	32.63	36.74	29.83

September 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 10.95
= 33.32

Atmos Energy Corporation's Days Sales Outstanding (DSO) measures the average number of days it takes for the company to collect revenue after making a sale. Over the past five years, Atmos Energy's DSO has shown some fluctuations:

- In September 2024, the DSO was 33.32 days, indicating a slight increase compared to the previous year.
- In September 2023, the DSO was 29.25 days, showing efficient collection of revenue.
- In September 2022, the DSO was 32.63 days, slightly higher than the previous year.
- In September 2021, the DSO was 36.74 days, representing a longer collection period compared to the previous years.
- In September 2020, the DSO was 29.83 days, showing a shorter collection period.

Overall, the DSO trend for Atmos Energy Corporation has been somewhat volatile, with fluctuations in the efficiency of revenue collection. Management should monitor this metric closely to ensure effective cash flow management and timely collection of accounts receivable.