ELF Beauty Inc (ELF)

Days of sales outstanding (DSO)

		Dec 31, 2024	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
Receivables turnover		6.94	8.31	7.27	8.28	7.36	8.84	7.42	8.49	7.47	8.28	7.95	8.56	8.00	8.28	8.06	7.84	6.66	8.52	9.49	9.35
DSO	days	52.63	43.93	50.17	44.09	49.59	41.30	49.21	42.99	48.89	44.10	45.88	42.65	45.62	44.06	45.26	46.58	54.77	42.83	38.47	39.03

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.94
= 52.63

The Days of Sales Outstanding (DSO) for ELF Beauty Inc have shown some fluctuations over the periods analyzed. DSO measures the average number of days it takes for a company to collect payment after making a sale.

From March 31, 2020, to December 31, 2022, ELF Beauty Inc experienced a general upward trend in DSO, indicating that it took longer for the company to collect payments from its customers over this time period. However, from March 31, 2023, to December 31, 2024, there were fluctuations in DSO, with some periods showing a decrease in the number of days it took to collect payments.

Overall, a DSO that is in decline or remains stable is generally considered positive as it shows efficient accounts receivable management. In contrast, an increasing DSO may suggest potential issues with collections, credit policies, or customer payment behavior that could impact the company's cash flow and liquidity.

ELF Beauty Inc should continue to monitor its DSO closely and take appropriate measures to ensure efficient accounts receivable management and timely collection of payments from its customers.