Mesa Laboratories Inc (MLAB)

Days of sales outstanding (DSO)

		Mar 31, 2025	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
Receivables turnover		5.74	6.15	5.68	6.29	5.54	5.91	5.88	6.16	5.15	5.25	5.33	4.78	4.47	4.38	6.31	6.75	5.63	6.38	6.88	6.77
DSO	days	63.57	59.33	64.30	58.03	65.94	61.77	62.07	59.25	70.89	69.59	68.50	76.41	81.63	83.29	57.82	54.07	64.82	57.23	53.07	53.93

March 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.74
= 63.57

The Days Sales Outstanding (DSO) for Mesa Laboratories Inc provides insight into the company's efficiency in collecting receivables from its customers. As of the most recent data available, the DSO trend has exhibited fluctuation over the past few years.

From June 30, 2020, to September 30, 2021, the DSO remained relatively stable, fluctuating within a range of approximately 50 to 60 days. However, there was a noticeable increase in DSO from December 31, 2021, reaching a peak of 83.29 days. This increase suggests that Mesa Laboratories may have experienced challenges in collecting payments from customers during this period.

Subsequently, there was a slight decrease in DSO by March 31, 2022, and the trend continued to fluctuate between 60 to 80 days until September 30, 2023. From there, the DSO started to show a decreasing trend, indicating potential improvements in the company's receivables collection efficiency.

Overall, Mesa Laboratories Inc should continue to monitor its DSO closely to ensure efficient management of its accounts receivable and timely collection of payments from customers. A lower DSO indicates a quicker turnover of accounts receivable, which is generally favorable for the company's cash flow and liquidity position.