IDACORP Inc (IDA)

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		7.03	7.19	7.70	9.03	6.99	6.62	7.13	9.11	7.76	7.50	6.62	9.63	8.23	7.09	7.04	9.44	8.66	8.07	8.02	8.46
DSO	days	51.93	50.73	47.40	40.42	52.24	55.15	51.19	40.07	47.01	48.70	55.10	37.89	44.34	51.50	51.84	38.65	42.14	45.21	45.49	43.13

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.03
= 51.93

To analyze Idacorp, Inc.'s days of sales outstanding (DSO) over the past eight quarters, we observe fluctuations in the collection period of accounts receivable. The DSO measures how efficiently the company is collecting its outstanding receivables from customers.

Idacorp's DSO has shown variability over the quarters, ranging from a low of 40.34 days in Q1 2022 to a high of 58.60 days in Q4 2022. Generally, a lower DSO indicates that the company is collecting payments more quickly, which could be a positive indicator of effective credit management and strong customer relationships. Conversely, a higher DSO may suggest potential issues with collections or credit terms extended to customers.

The trend in Idacorp's DSO over the past two years shows some fluctuations but generally remains within a relatively narrow range between 40.34 days and 58.60 days. This suggests that the company has been reasonably consistent in managing its accounts receivable collection process. However, management should continue to monitor and potentially improve DSO efficiency to ensure optimal cash flow and working capital management.