Lumen Technologies Inc (LUMN)

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		8.93	9.68	9.97	11.55	11.33	12.21	12.78	13.46	12.09	12.83	10.56	10.86	10.05	9.85	9.48	9.57	9.39	9.56	8.84	9.49
DSO	days	40.87	37.71	36.62	31.60	32.20	29.89	28.55	27.11	30.18	28.45	34.56	33.61	36.30	37.07	38.50	38.12	38.88	38.20	41.28	38.47

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.93
= 40.87

The Days of Sales Outstanding (DSO) represents the average number of days it takes for a company to collect revenue after making a sale. Looking at the trend for Lumen Technologies Inc over the past eight quarters, we can see fluctuations in the DSO metric.

In the most recent quarter, Q4 2023, the DSO stood at 33.05 days, slightly lower than the previous quarter but higher than the trend seen in Q1 and Q2 of the same year. This indicates that the company took slightly longer to collect revenue in Q4 compared to the immediate prior period.

Comparing Q4 2023 to the same quarter in the previous year, Q4 2022, we observe an increasing trend in DSO, which suggests a potential slowdown in the company's ability to collect revenue efficiently over the year.

Overall, while there are fluctuations in the DSO metric for Lumen Technologies Inc, it is important to continue monitoring this trend to assess the company's effectiveness in managing accounts receivable and cash flow.