Alliant Energy Corp (LNT)

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		7.09	8.37	9.68	9.80	6.66	7.94	8.06	7.96	6.91	9.08	9.17	10.47	6.92	7.10	7.50	7.54	9.07	8.06	8.49	8.63
DSO	days	51.48	43.58	37.70	37.26	54.78	45.94	45.30	45.83	52.83	40.19	39.82	34.87	52.78	51.42	48.66	48.42	40.24	45.26	42.98	42.31

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.09
= 51.48

To analyze Alliant Energy Corp.'s Days Sales Outstanding (DSO), we observe fluctuations in the DSO metric over the past eight quarters. DSO represents the average number of days it takes for a company to collect revenues after making a sale. A lower DSO indicates a faster collection of payments and better liquidity management.

In Q4 2023, DSO decreased slightly to 43.05 days from 43.00 days in Q3 2023. This improvement suggests more efficient collection of sales revenue. The DSO then shows a substantial decrease in Q2 2023 to 37.35 days, indicating a noteworthy enhancement in receivables management compared to the prior quarter.

In the first quarter of 2023, the DSO remained relatively low at 37.07 days, continuing the trend of efficient collections. In comparison, Q4 2022 and Q3 2022 had higher DSO figures at 44.79 days and 45.61 days, respectively, indicating a longer period to recover sales.

The second and third quarters of 2022 also showed elevated DSO figures of 45.14 and 45.77 days, reflecting potential challenges in collecting sales revenues promptly during that period. Notably, Q2 2023 stands out as the lowest DSO value in the observed period, signaling effective credit and collection practices.

Overall, the trend of decreasing DSO over recent quarters suggests that Alliant Energy Corp. has been improving its efficiency in collecting receivables, which can positively impact cash flows and the company's overall financial health. It is essential for the company to sustain these improvements in DSO to strengthen its liquidity position and operational performance further.