Fox Corp Class B (FOX)

Days of sales outstanding (DSO)

		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	Dec 31, 2019	Sep 30, 2019
Receivables turnover		5.92	5.62	4.86	6.18	6.85	5.48	4.78	6.24	6.57	5.79	4.54	5.99	6.36	5.78	4.56	6.19	6.52	5.05	4.28	5.46
DSO	days	61.65	64.99	75.17	59.07	53.28	66.63	76.40	58.50	55.58	63.00	80.43	60.89	57.37	63.19	80.02	59.01	56.01	72.22	85.19	66.82

June 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.92
= 61.65

The days of sales outstanding (DSO) for Fox Corp Class B have shown variability over the past few quarters. DSO represents the average number of days it takes for the company to collect revenue after a sale is made.

Analyzing the data, we observe that the DSO has ranged from a low of 53.28 days to a high of 85.19 days over the 20 quarters provided. A lower DSO indicates that the company is collecting revenue more quickly, which can be a positive sign of efficient accounts receivable management. Conversely, a higher DSO may suggest potential issues with collecting payments promptly.

Overall, there is no clear trend in the DSO figures for Fox Corp Class B, as it has fluctuated between quarters. It would be beneficial for the company to monitor and potentially improve its accounts receivable processes to ensure efficient cash flow management.