Bellring Brands LLC (BRBR)

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
Receivables turnover		9.71	9.91	9.05	7.73	7.84	7.91	8.95	9.84	10.75	12.00	9.07	8.95	8.33	11.89
DSO	days	37.58	36.83	40.32	47.22	46.53	46.12	40.77	37.08	33.94	30.41	40.25	40.76	43.83	30.69

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.71
= 37.58

The Days Sales Outstanding (DSO) ratio measures the average number of days it takes for a company to collect revenue after a sale has been made. A lower DSO value indicates that the company is collecting payments from customers more quickly, which is generally favorable as it improves cash flow and liquidity.

In the case of Bellring Brands Inc, the DSO has fluctuated over the past eight quarters. The DSO was highest in Q2 2023 at 47.22 days and lowest in Q2 2022 at 37.08 days. This indicates that during Q2 2023, the company took a longer time to collect revenue from customers compared to other quarters.

Overall, Bellring Brands Inc's DSO has shown a varying trend, with some quarters displaying longer collection periods than others. It would be important for the company to closely monitor and manage its accounts receivable process to ensure timely collections and optimize cash flow efficiency.