Inter Parfums Inc (IPAR)
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 | 5.17 | 3.95 | 4.23 | 4.42 | 5.17 | 4.28 | 4.80 | 4.24 | 4.80 | 4.32 | 4.84 | 4.25 | 5.19 | 4.29 | 3.84 | 3.92 | 4.19 | 3.80 | 7.10 | 4.98 | |
DSO | days | 70.56 | 92.36 | 86.37 | 82.49 | 70.62 | 85.27 | 76.11 | 86.14 | 76.09 | 84.42 | 75.38 | 85.80 | 70.34 | 85.10 | 95.15 | 93.11 | 87.14 | 96.10 | 51.44 | 73.30 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.17
= 70.56
The Days of Sales Outstanding (DSO) is a key metric used to evaluate how efficiently a company is managing its accounts receivable. In the case of Inter Parfums Inc, the DSO fluctuated over the period provided in the data set.
- The DSO was relatively stable in the range of high 60s to mid 70s days from March 2020 to June 2020.
- There was a notable decrease in DSO to low 50s days by June 2020, indicating the company was collecting receivables more quickly.
- However, the DSO increased significantly to the mid to high 80s days range by September 2020 and remained elevated for the next few quarters.
- The highest DSO was recorded in September 2020 at 96.10 days, suggesting a potential issue with receivables collection efficiency during that period.
- Subsequently, there were fluctuations in DSO between the mid-70s to mid-90s days range up to June 2021.
- A significant improvement was seen by December 2021, where the DSO decreased to 70.34 days, indicating better management of receivables.
- The DSO remained relatively stable around the low to mid-80s days range from March 2022 to September 2023.
- Another notable improvement was observed in December 2023 when the DSO dropped to 70.62 days.
- From March 2024 to December 2024, the DSO fluctuated within the mid-70s to low 90s days range, suggesting some variability in receivables collection efficiency.
In conclusion, the trend in Inter Parfums Inc's DSO indicates fluctuations in the efficiency of collecting outstanding receivables over the period analyzed, showcasing some improvements but also periods of potential challenges. Further analysis and comparison with industry benchmarks would provide a more comprehensive evaluation of the company's receivables management performance.
Peer comparison
Dec 31, 2024