Bloomin Brands Inc (BLMN)

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		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
DSO	days	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

Bloomin Brands Inc's Days of Sales Outstanding (DSO) is a measure that indicates the average number of days it takes for the company to collect revenue after making a sale. Analyzing the trend of DSO over multiple quarters can provide insights into the company's efficiency in managing its accounts receivable.

From the data provided, we observe that Bloomin Brands Inc's DSO has fluctuated over the past eight quarters. In Q4 2023, the DSO stood at 8.04 days, which was an increase from the previous quarters. This increase indicates a longer time taken by the company to collect revenue from its customers compared to the earlier quarters.

In previous quarters, the DSO had shown a decreasing trend, with Q3 2023 and Q2 2023 recording 4.05 days and 4.29 days, respectively. These lower DSO figures suggest that the company was efficient in collecting revenue from customers during those periods.

Comparing the latest DSO to the same quarter in the previous year, we see an improvement in collection efficiency as Q4 2023's DSO was lower than in Q4 2022. However, the current DSO remains higher than the exceptionally low DSO recorded in Q3 2022 and Q1 2022.

Overall, it is important for Bloomin Brands Inc to monitor its DSO closely to ensure efficient cash flow management and timely collection of outstanding invoices. A consistent or increasing trend in DSO could indicate potential challenges in collecting receivables and may require the company to implement measures to improve its accounts receivable turnover.