Church & Dwight Company Inc (CHD)
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 | 11.14 | 12.53 | 12.23 | 12.83 | 12.74 | 13.57 | 13.07 | 12.89 | 12.80 | 12.57 | 13.07 | 12.25 | 12.28 | 12.73 | 13.33 | 12.67 | 12.23 | 11.15 | 11.04 | 10.88 | |
| DSO | days | 32.77 | 29.13 | 29.84 | 28.45 | 28.65 | 26.91 | 27.93 | 28.31 | 28.52 | 29.03 | 27.93 | 29.81 | 29.73 | 28.68 | 27.38 | 28.81 | 29.85 | 32.72 | 33.06 | 33.55 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 11.14
= 32.77
The days of sales outstanding (DSO) for Church & Dwight Co., Inc. have shown a consistent pattern over the past eight quarters. DSO measures the average number of days it takes for a company to collect revenue after a sale is made.
Based on the data provided, we can see that DSO has ranged from 26.91 days to 32.77 days over the last two years. The highest DSO was observed in Q4 2023 at 32.77 days, while the lowest was in Q3 2022 at 26.91 days.
A lower DSO indicates that the company is collecting payments from customers more quickly, which is generally seen as a favorable outcome as it means better cash flow management. Conversely, a higher DSO may suggest potential issues with collections or customer creditworthiness.
Overall, Church & Dwight Co., Inc. has managed to keep its DSO relatively stable with slight fluctuations within a reasonable range. Further analysis of the trend in DSO alongside other financial metrics would provide a more comprehensive understanding of the company's financial health and efficiency in managing its account receivables.
Peer comparison
Dec 31, 2023