Darling Ingredients Inc (DAR)
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 | 779.15 | 8.95 | 9.02 | — | 9.21 | — | — | — | 9.95 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 0.47 | 40.76 | 40.47 | — | 39.63 | — | — | — | 36.67 | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 779.15
= 0.47
The Days of Sales Outstanding (DSO) for Darling Ingredients Inc has shown some fluctuations over the various quarters. In the most recent quarter, the DSO was 0.47 days, indicating a very efficient collection of accounts receivable. This compares favorably to the DSO of 40.76 days in the previous quarter and 39.63 days in the quarter before that.
It is noteworthy that there is missing data for certain quarters, which limits the ability to observe a consistent trend. When data is available, the DSO seems to be relatively low, suggesting that the company is efficient in converting its sales into cash receipts. Overall, a lower DSO indicates better liquidity and efficient credit management by the company.
Peer comparison
Dec 31, 2023