Elevance Health Inc (ELV)

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		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1,120.57	1,100.87	326.88	—
DSO	days	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.33	0.33	1.12	—

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

To analyze Elevance Health Inc's Days Sales Outstanding (DSO) trend over the past eight quarters:

1. The DSO has been relatively stable, ranging from a low of 34.11 days in Q3 2022 to a high of 38.31 days in Q4 2023.
2. There was a slight increase in DSO from Q2 2022 to Q4 2023, indicating a potential slowdown in the collection of accounts receivable.
3. However, the DSO in Q3 2022 was the lowest in the given period, suggesting an efficient collection process during that quarter.
4. Overall, Elevance Health Inc's DSO has fluctuated within a moderate range, with no significant upward or downward trends observed.
5. It is important for Elevance Health Inc to continue monitoring its DSO to ensure efficient management of accounts receivable and maintain healthy cash flow.