Keurig Dr Pepper Inc (KDP)

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		9.42	10.08	9.71	8.50	7.94	8.27	8.98	9.59	10.00	9.34	9.91	9.75	9.64	9.68	9.92	9.66	8.83	8.98	9.12	8.82
DSO	days	38.76	36.20	37.58	42.95	45.95	44.12	40.64	38.08	36.51	39.09	36.84	37.44	37.88	37.70	36.79	37.77	41.33	40.66	40.01	41.38

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.42
= 38.76

Based on the data provided, Keurig Dr Pepper Inc's Days of Sales Outstanding (DSO) have displayed a fluctuating trend over the past few quarters. In the most recent quarter, Q4 2023, the DSO decreased to 37.43 days compared to the previous quarter Q3 2023 at 34.87 days. This implies that on average, it took Keurig Dr Pepper Inc approximately 37.43 days to collect revenue from sales made during that quarter.

Looking back at the historical data, we observe that the DSO peaked in Q4 2022 at 43.31 days and has generally been declining since then. This could indicate possible improvements in the company's accounts receivable collection process.

Overall, the decreasing trend in DSO suggests that Keurig Dr Pepper Inc has been managing its accounts receivable more efficiently, collecting revenue from sales faster. However, it is essential to continue monitoring DSO to ensure that the trend persists and remains at optimal levels to manage cash flow effectively.