Energizer Holdings Inc (ENR)
Days of sales outstanding (DSO)
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 5.15 | 6.35 | 8.18 | 7.15 | 6.12 | |
| DSO | days | 70.91 | 57.50 | 44.62 | 51.06 | 59.69 |
September 30, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.15
= 70.91
The days of sales outstanding (DSO) for Energizer Holdings Inc have shown fluctuations over the past five years. In 2023, the DSO increased to 65.66 days from 54.04 days in 2022, indicating a lengthening of the average time it takes to collect receivables. This may suggest potential issues with the company's accounts receivable management or could be reflective of changes in the company's customer base or credit policies. Compared to 2021, the DSO has significantly increased, indicating a potential deterioration in the company's receivables collection efficiency. However, it is important to understand the underlying reasons for these changes and assess them in the context of industry norms and the company's specific business dynamics to derive meaningful insights.
Peer comparison
Sep 30, 2023