Berry Global Group Inc (BERY)
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 | 8.34 | 8.10 | 7.47 | — | 8.69 | 8.19 | — | — | — | 7.37 | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 43.74 | 45.07 | 48.83 | — | 42.01 | 44.54 | — | — | — | 49.53 | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.34
= 43.74
The days of sales outstanding (DSO) for Berry Global Group Inc have shown variability over the periods provided in the table. The DSO metric represents the average number of days it takes for a company to collect revenue after a sale is made.
Based on the available data, the DSO figures ranged from a low of 42.01 days to a high of 49.53 days. The trend indicates some fluctuation in the company's ability to collect its accounts receivable promptly. A lower DSO value suggests that the company is collecting payments from customers more quickly, which is generally favorable as it indicates efficient credit management and cash flow.
The missing data points indicate that DSO was not calculated or reported for those specific periods. This may be due to various reasons such as changes in reporting practices or data availability.
Overall, monitoring and managing DSO is crucial for assessing the efficiency of a company's accounts receivable management and cash flow. Lowering DSO can help improve liquidity and working capital management, thereby contributing to the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2023