Dorian LPG Ltd (LPG)
Days of sales outstanding (DSO)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 260.38 | 10.58 | 6.65 | 4.86 | 5.60 | |
| DSO | days | 1.40 | 34.51 | 54.91 | 75.06 | 65.15 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 260.38
= 1.40
Dorian LPG Ltd's days of sales outstanding (DSO) have shown a trend of improvement over the past five years. The DSO decreased from 65.15 days as of March 31, 2021, to 1.40 days as of March 31, 2025. This indicates that the company has been able to collect its accounts receivable more efficiently, turning sales into cash at a quicker pace. The significant reduction in DSO reflects a strong ability to manage its receivables and suggests effective credit policies or improved collection processes. This trend is generally positive as it signals better liquidity and working capital management for the company.