Cencora Inc. (COR)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 12.27 | 12.49 | 12.81 | 11.64 | 13.25 | |
| DSO | days | 29.75 | 29.22 | 28.49 | 31.37 | 27.55 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 12.27
= 29.75
Based on the data presented for Cencora Inc.'s days of sales outstanding (DSO) over the past five years, we observe a consistent trend of relatively low DSO figures, indicating that the company efficiently collects its accounts receivable. The DSO has ranged from 27.55 days in 2020 to 31.37 days in 2021, with a slight uptick in 2021 before decreasing again in subsequent years.
This demonstrates that Cencora Inc. has been successful in managing its receivables and converting sales into cash quickly. A lower DSO implies that the company is effective in its credit and collection policies, leading to improved cash flow and liquidity. Overall, the DSO trend suggests that Cencora Inc. maintains a strong financial position regarding accounts receivable management.
Peer comparison
Sep 30, 2024