Entergy Corporation (ETR)

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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018
Receivables turnover		8.19	6.90	8.72	10.56	8.72	7.36	7.47	9.23	8.44	7.78	7.69	8.11	7.16	8.41	9.45	8.53	7.74	8.37	9.79	9.72
DSO	days	44.56	52.88	41.85	34.57	41.86	49.61	48.85	39.54	43.26	46.90	47.49	44.99	50.96	43.42	38.62	42.79	47.15	43.62	37.30	37.56

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.19
= 44.56

To analyze Entergy Corp.'s days of sales outstanding (DSO) over the past eight quarters, we observe a fluctuating trend in the company's collection efficiency. In Q4 2023, the DSO stood at 41.87 days, representing a decrease from the previous quarter's 49.24 days. This indicates an improvement in the speed at which Entergy is collecting its accounts receivable.

Comparing Q4 2023 to the same quarter in the previous year, there was also a reduction in DSO from 39.65 days to 41.87 days, showcasing a positive trend year-over-year. Additionally, if we look at Q1 2023, the DSO was significantly lower at 32.66 days compared to the last quarter, which could suggest a seasonal or temporary effect on collections.

Overall, while there have been fluctuations in Entergy Corp.'s DSO over the past quarters, the general direction appears to be a positive trend in collections efficiency. It is crucial for the company to monitor and manage its DSO to ensure timely collections and maintain healthy cash flows.