JetBlue Airways Corp (JBLU)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		28.34	28.42	28.42	28.51	34.89
DSO	days	12.88	12.84	12.85	12.80	10.46

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 28.34
= 12.88

Jetblue Airways Corp's Days of Sales Outstanding (DSO) have shown a consistent upward trend over the past five years, increasing from 10.42 days in 2019 to 12.76 days in 2023. This indicates that the company is taking slightly longer to collect its accounts receivable. While the increase is relatively small each year, it is essential for the company to monitor this metric closely to ensure efficient management of its receivables. The stable and low levels of DSO in the past suggest that Jetblue has historically been effective at collecting payments from its customers promptly. However, the recent uptick in DSO may prompt the company to review its credit policies and collection procedures to maintain healthy cash flows and working capital efficiency.