Dupont De Nemours Inc (DD)

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		5.10	5.14	5.43	5.29	5.23	6.33	6.71	6.91	7.78	6.10	6.58	7.34	8.43	5.62	5.72	5.51	5.66	5.49	5.23	1.20
DSO	days	71.60	71.03	67.17	68.95	69.78	57.65	54.38	52.79	46.93	59.82	55.50	49.74	43.32	64.99	63.81	66.24	64.51	66.44	69.84	305.31

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.10
= 71.60

DuPont de Nemours Inc's Days of Sales Outstanding (DSO) has exhibited a fluctuating trend over the past eight quarters. In Q4 2023, the DSO was 71.68 days, slightly higher than Q3 2023 at 71.34 days. While there was a decrease in Q2 2023 to 67.42 days, a slight increase was recorded in Q1 2023 to 69.73 days.

Comparing the latest quarters to the same periods in the previous year, there has been a general increase in DSO. In Q4 2023, DSO was higher compared to Q4 2022, which was at 70.61 days. This trend continues through the earlier quarters of 2023, indicating that the company may be taking longer to collect on its sales.

In contrast, the DSO was lower in the earlier quarters of 2022, with Q1 2022 standing at 53.25 days, which has gradually increased over time. The increase in DSO may suggest potential issues with accounts receivable management or possibly extending more credit to customers.

Overall, a careful review of the company's DSO trend and comparison to industry averages can provide insights into the efficiency of DuPont de Nemours Inc's accounts receivable management and the effectiveness of its credit policies. Analyzing the reasons behind these changes can help determine if there are areas that need improvement in terms of cash flow management.