Merit Medical Systems Inc (MMSI)

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		6.51	6.39	6.64	6.58	6.59	6.69	6.47	6.31	6.44	6.79	6.56	6.54	6.29	6.50	6.34	6.05	6.19	6.37	6.49	6.22
DSO	days	56.05	57.10	54.95	55.49	55.40	54.57	56.40	57.85	56.65	53.78	55.64	55.79	58.04	56.14	57.58	60.31	58.98	57.31	56.28	58.71

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.51
= 56.05

The Days Sales Outstanding (DSO) for Merit Medical Systems Inc has shown a relatively consistent trend over the past few years. The DSO has ranged between 53.78 days to 60.31 days, with slight fluctuations observed between quarters.

On average, the DSO has remained below 60 days, indicating that the company typically collects its accounts receivable in a reasonable period. A lower DSO suggests that the company is efficient in collecting payments from customers, which can improve cash flow and liquidity.

The most recent DSO figure as of December 31, 2024, stood at 56.05 days, which indicates that Merit Medical Systems Inc is managing its accounts receivable effectively. However, it would be beneficial for the company to monitor the DSO closely to ensure timely collection of receivables and maintain a healthy cash conversion cycle.