ManpowerGroup Inc (MAN)

Days of sales outstanding (DSO)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Receivables turnover		4.15	3.93	3.95	4.14	3.90	4.13	3.83	4.06	3.85	4.31	3.87	3.84	3.80	4.00	3.81	3.73	3.66	3.99	4.44	4.30
DSO	days	87.89	92.94	92.39	88.12	93.71	88.39	95.28	89.96	94.89	84.67	94.27	95.03	96.16	91.26	95.89	97.74	99.81	91.43	82.17	84.97

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.15
= 87.89

The Days Sales Outstanding (DSO) for ManpowerGroup Inc has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. DSO is a metric that indicates the average number of days it takes for a company to collect payment after a sale is made.

The trend in ManpowerGroup's DSO indicates that in general, it took the company around 85 to 100 days to collect payments from its customers during this period. There were variations in DSO figures, with some quarters showing lower DSO (e.g., 82.17 days in June 30, 2020) and others showing higher DSO (e.g., 99.81 days in December 31, 2020).

The DSO decreased slightly towards the end of the period, reaching around 88 to 93 days. This may suggest that the company improved its efficiency in collecting receivables or that its credit policies became more stringent. Overall, a lower DSO indicates that the company is collecting payments more quickly, which can improve cash flow and overall liquidity.

ManpowerGroup Inc should continue to monitor its DSO closely to ensure that it maintains an optimal balance between extending credit to customers and efficiently collecting payments to support its financial health and operations.