Becton Dickinson and Company (BDX)

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		8.60	7.64	7.89	7.79	8.21	8.61	8.55	8.22	8.76	7.88	9.44	8.91	7.68	7.14	8.49	8.06	8.37	7.37	7.71	7.47
DSO	days	42.45	47.74	46.26	46.83	44.45	42.38	42.70	44.42	41.64	46.32	38.67	40.99	47.51	51.13	43.00	45.28	43.62	49.51	47.37	48.83

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.60
= 42.45

The days of sales outstanding (DSO) for Becton Dickinson & Co. have shown a slight fluctuation over the past eight quarters. In Q1 2024, the DSO was 42.45 days, which is slightly lower compared to Q4 2023 (47.74 days) and Q3 2023 (47.61 days). This indicates that the company is collecting its accounts receivable more efficiently in Q1 2024.

Looking back further, the DSO was relatively stable around 45 days in Q2 and Q1 2023, with a slight decrease in Q2 2022 (40.92 days) and Q3 2022 (41.96 days). This suggests that Becton Dickinson & Co. has been managing its receivables well and maintaining a consistent collection period over the quarters.

Overall, the trend in DSO for Becton Dickinson & Co. demonstrates effective accounts receivable management, with fluctuations within a reasonable range. Investors and stakeholders may find this consistency and efficiency in collecting receivables as a positive indicator of the company's financial health and operational performance.