JetBlue Airways Corp (JBLU)

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		28.33	29.11	31.66	29.02	28.43	28.46	27.41	28.27	28.91	22.91	11.69	12.78	29.02	46.31	68.99	76.99	34.90	31.86	27.99	22.81
DSO	days	12.89	12.54	11.53	12.58	12.84	12.82	13.32	12.91	12.63	15.93	31.23	28.55	12.58	7.88	5.29	4.74	10.46	11.45	13.04	16.00

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 28.33
= 12.89

To analyze Jetblue Airways Corp's days of sales outstanding (DSO) over the past eight quarters, we will look at the trend and any significant changes in the DSO ratio.

Jetblue's DSO has fluctuated over the given period, ranging from 11.38 days in Q2 2023 to 13.30 days in Q2 2022. The DSO for Q4 2023 is 12.76 days, which is slightly higher compared to the preceding quarter's value of 12.37 days.

Overall, Jetblue's DSO has shown a relatively stable performance with minimal volatility. Maintaining a consistent DSO indicates effective management of accounts receivable and timely collection of sales revenue. However, it is essential for the company to monitor any fluctuations in DSO closely, as a significant increase may indicate potential issues with credit policies or collection procedures.

In conclusion, based on the historical data provided, Jetblue Airways Corp's DSO appears to be well managed, but ongoing monitoring is recommended to ensure efficient cash flow management and timely collection of receivables.