Henry Schein Inc (HSIC)
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 | 6.58 | 8.03 | 8.55 | — | 8.74 | 8.34 | 9.01 | 8.75 | 8.53 | 7.88 | 8.75 | 8.04 | 7.08 | 6.95 | 8.58 | 8.52 | 8.13 | 8.33 | 9.50 | 10.33 | |
| DSO | days | 55.44 | 45.45 | 42.69 | — | 41.76 | 43.75 | 40.50 | 41.71 | 42.79 | 46.33 | 41.70 | 45.42 | 51.53 | 52.54 | 42.55 | 42.86 | 44.90 | 43.83 | 38.43 | 35.33 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.58
= 55.44
The days of sales outstanding (DSO) ratio for Henry Schein Inc has fluctuated over the periods provided. DSO is a measure of how efficiently a company manages its accounts receivable. A lower DSO indicates that the company is collecting its outstanding receivables faster.
From the data provided:
- The DSO has decreased from 55.44 days on Dec 31, 2023, to 45.45 days on Sep 30, 2023, showing an improvement in collecting receivables within a shorter time frame.
- The DSO further decreased to 42.69 days on Jun 30, 2023, continuing the trend of better efficiency in collecting payments from customers.
- However, there seems to be missing data for Mar 31, 2023, making it difficult to track the DSO trend consistently.
Looking back at historical data:
- The DSO was 41.76 days on Dec 31, 2022, showing that the company collected its receivables relatively faster compared to the recent periods.
- The DSO was the lowest at 35.33 days on Jun 30, 2019, indicating the company had been effective in managing its accounts receivable efficiently at that time.
Overall, the DSO ratio for Henry Schein Inc has shown some variability, but in recent periods, there has been an improvement in efficiently collecting accounts receivable. It is important for the company to monitor and manage its DSO effectively to optimize its cash flow and ensure smooth operations.
Peer comparison
Dec 31, 2023