Bellring Brands LLC (BRBR)
Days of sales outstanding (DSO)
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 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | 9.06 | 8.29 | 8.04 | 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 | 40.30 | 44.02 | 45.42 | 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 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.06
= 40.30
The Days Sales Outstanding (DSO) ratio for Bellring Brands LLC has exhibited some fluctuations over the past few periods. The DSO for September 30, 2024, was 40.30 days, which indicates that on average, it takes the company approximately 40 days to collect its accounts receivable. This figure decreased compared to the previous quarter's DSO of 44.02 days.
Looking back, the trend in DSO shows variability, with some periods experiencing shorter collection periods (such as the quarter ending September 30, 2020, at 30.69 days) and others showing longer collection periods (such as the quarter ending March 31, 2023, at 47.22 days). The DSO metric provides insight into the efficiency of the company's credit and collection policies, with lower DSO values typically being more favorable as they indicate faster collections.
Overall, further analysis of the underlying reasons for DSO fluctuations, such as changes in credit terms, customer payment behaviors, or sales volume, would help in comprehensively evaluating the effectiveness of Bellring Brands LLC's accounts receivable management.
Peer comparison
Sep 30, 2024