Green Plains Renewable Energy Inc (GPRE)

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 25.91 34.28 28.17 34.67 34.59 24.31 26.64 34.61 33.33 29.73 20.97 21.41 23.39 27.21 26.80 29.28 34.21 19.22 18.97 34.00
DSO days 14.09 10.65 12.96 10.53 10.55 15.02 13.70 10.55 10.95 12.28 17.41 17.05 15.61 13.41 13.62 12.47 10.67 18.99 19.24 10.74

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 25.91
= 14.09

The Days Sales Outstanding (DSO) is a measure used to evaluate how efficient Green Plains Renewable Energy Inc is at collecting accounts receivable. A lower DSO indicates that the company is collecting payments from customers more quickly, which can be positive for cash flow and liquidity.

Analyzing the data provided, we observe fluctuations in Green Plains Renewable Energy Inc's DSO over time. The DSO ranged from a low of 10.53 days on March 31, 2024, to a high of 19.24 days on June 30, 2020. Overall, the DSO seems to have improved in recent periods, with a downward trend noted from 2021 to 2024.

It is worth noting that a decrease in DSO can signal improved efficiency in accounts receivable management, potentially resulting in better working capital management. However, it is essential to further investigate the reasons behind these fluctuations to determine the underlying causes and assess the effectiveness of the company's credit and collection policies.