Integra LifeSciences Holdings (IART)

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		5.86	6.18	5.61	6.11	5.73	5.81	5.77	5.94	5.71	6.12	6.40	6.45	6.63	6.88	6.55	6.13	5.84	6.07	7.48	5.97
DSO	days	62.27	59.11	65.03	59.74	63.68	62.83	63.21	61.40	63.88	59.63	57.01	56.56	55.09	53.04	55.76	59.51	62.49	60.16	48.82	61.11

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.86
= 62.27

Days Sales Outstanding (DSO) is a financial metric that measures the average number of days a company takes to collect revenue after a sale has been made. A lower DSO indicates that a company is collecting payments more quickly, which is generally favorable as it implies strong cash flow management and liquidity.

Analyzing the DSO trend of Integra LifeSciences Holdings from March 2020 to December 2024, we observe various fluctuations in the number of days it takes the company to collect its sales revenue.

Between March 2020 and June 2020, there was a significant decrease in DSO from 61.11 days to 48.82 days, indicating an improvement in the company's accounts receivable management. Subsequently, from June 2020 to December 2024, there were fluctuations in DSO, with some periods showing increases and others showing decreases. The DSO ranged from a low of 48.82 days to a high of 65.03 days during this period.

Overall, the DSO for Integra LifeSciences Holdings fluctuated around an average of approximately 60 days over the analyzed period. This suggests that the company has been relatively consistent in managing its accounts receivable and collecting revenue from customers within a reasonable timeframe.

It is important for the company to monitor its DSO closely to ensure efficient cash flow management and timely collection of outstanding payments, as a prolonged DSO can negatively impact liquidity and working capital. Further analysis of trends and comparison with industry benchmarks can provide additional insights into the company's financial performance and collection efficiency.