Molina Healthcare Inc (MOH)
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 | 10.98 | 13.52 | 13.68 | 12.76 | 13.89 | 14.04 | 13.51 | 13.46 | 12.76 | 13.39 | 12.70 | 12.05 | 11.62 | 10.40 | 11.19 | 10.77 | 11.97 | 13.45 | 14.26 | 13.51 | |
| DSO | days | 33.25 | 27.01 | 26.68 | 28.61 | 26.28 | 26.00 | 27.01 | 27.12 | 28.61 | 27.26 | 28.75 | 30.30 | 31.42 | 35.09 | 32.61 | 33.90 | 30.49 | 27.13 | 25.59 | 27.01 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 10.98
= 33.25
Days Sales Outstanding (DSO) is a key metric that reflects the average number of days it takes for a company to collect its accounts receivable. Looking at the trend for Molina Healthcare Inc over the past eight quarters, we can observe fluctuations in DSO.
In Q4 2023, the DSO was 33.25 days, representing a noticeable increase from the previous quarter. This could indicate a potential slowdown in collecting payments from customers compared to Q3 2023, where the DSO was 27.01 days.
Despite the increase in Q4 2023, the DSO is still lower than the figures from Q1 and Q4 2022, suggesting that Molina Healthcare has improved its efficiency in collecting receivables over the longer term.
Overall, Molina Healthcare Inc should continue to monitor its DSO closely to ensure efficient management of accounts receivable and timely collection of payments from customers.
Peer comparison
Dec 31, 2023