Cencora Inc. (COR)
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 | 12.27 | 11.78 | 12.15 | 12.57 | 12.49 | 12.21 | 12.68 | 12.92 | 12.81 | 12.60 | 12.59 | 12.76 | 11.64 | 11.38 | 13.57 | 12.80 | 13.25 | 14.17 | 12.49 | 14.49 | |
| DSO | days | 29.75 | 30.99 | 30.03 | 29.03 | 29.22 | 29.89 | 28.79 | 28.25 | 28.49 | 28.96 | 29.00 | 28.61 | 31.37 | 32.06 | 26.90 | 28.53 | 27.55 | 25.75 | 29.23 | 25.20 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 12.27
= 29.75
Based on the days of sales outstanding (DSO) data provided for Cencora Inc., we observe the following trends:
1. Overall Trend: The DSO for Cencora Inc. has shown fluctuations over the periods analyzed, ranging from a low of 25.20 days to a high of 32.06 days. There is no clear trend of increasing or decreasing DSO over time.
2. Seasonal Variations: The DSO figures appear to fluctuate from quarter to quarter without a consistent pattern. There are periods where DSO decreases followed by periods of increases, indicating potential seasonal variations in the company's collection process.
3. Efficiency in Receivables Management: The company has demonstrated efficiency in managing its accounts receivable, as evidenced by the generally low DSO figures. Lower DSO values indicate that Cencora is able to collect payments from customers quickly, which is a positive indicator of its financial health.
4. Stability in Collection Period: Despite the fluctuations in DSO, the values have generally been around the 28-30 day range. This suggests that Cencora Inc. has been relatively consistent in its collection period and has been able to maintain stability in its accounts receivable turnover.
In conclusion, while there are fluctuations in the days of sales outstanding for Cencora Inc., the company appears to have efficient accounts receivable management practices, maintaining relatively low DSO values over the periods analyzed.
Peer comparison
Sep 30, 2024