B&G Foods Inc (BGS)

Days of sales outstanding (DSO)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Receivables turnover		10.66	11.62	12.94	14.47	13.59	12.83	13.66	—	13.69	—	—	—	13.70	—	—	—	—	—	—	—
DSO	days	34.25	31.42	28.21	25.22	26.85	28.45	26.71	—	26.66	—	—	—	26.63	—	—	—	—	—	—	—

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 10.66
= 34.25

The Days of Sales Outstanding (DSO) for B&G Foods Inc have shown varied trends over the past few years. As of December 31, 2021, the DSO was at 26.63 days, indicating the company took approximately 26.63 days to collect its accounts receivable. This figure remained relatively stable at around 26.63 to 26.85 days until March 31, 2024.

However, by June 30, 2024, there was a notable increase in DSO to 28.21 days, suggesting a slight delay in the collection of receivables. This trend continued, with the DSO rising further to 31.42 days by September 30, 2024, and reaching 34.25 days by December 31, 2024.

The increasing trend in DSO from June 2024 to December 2024 could indicate potential issues with accounts receivable management, slower collections, or changes in customer payment behavior. It may be important for B&G Foods Inc to monitor and manage its accounts receivable efficiently to prevent further extension in DSO, as a higher DSO can impact the company's cash flow and liquidity position.