Nu Skin Enterprises Inc (NUS)
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 | 26.68 | 25.77 | 30.22 | 34.83 | 46.68 | 49.26 | 56.50 | 50.10 | 65.07 | 52.69 | 43.67 | 45.08 | 40.54 | 40.02 | 35.53 | 52.24 | 47.78 | 44.31 | 41.94 | 46.40 | |
| DSO | days | 13.68 | 14.16 | 12.08 | 10.48 | 7.82 | 7.41 | 6.46 | 7.28 | 5.61 | 6.93 | 8.36 | 8.10 | 9.00 | 9.12 | 10.27 | 6.99 | 7.64 | 8.24 | 8.70 | 7.87 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 26.68
= 13.68
The days sales outstanding (DSO) for Nu Skin Enterprises, Inc. has shown a fluctuating trend over the past eight quarters. In Q1 2022, the DSO was at its highest at 7.26 days, indicating that it took the company approximately 7.26 days to collect revenue from its sales.
Subsequently, there was a decrease in DSO in Q2 and Q3 2022, reaching 6.43 days and 7.37 days, respectively. This suggests an improvement in the company's collection period during these quarters.
In Q4 2022, the DSO dropped significantly to 7.77 days, reflecting a notable improvement in the efficiency of the company's account receivable collection.
However, in Q1 and Q2 2023, the DSO continued to decrease, reaching 10.42 days and 12.01 days, respectively. This increase indicates that the company took longer to collect revenue from sales during these periods compared to the previous quarters.
In Q3 and Q4 2023, the DSO decreased slightly to 14.08 days and 13.51 days, respectively. Despite the recent increase, Nu Skin Enterprises, Inc. has shown fluctuations in its DSO over the past eight quarters, which may require further analysis to understand the underlying reasons and implications for the company's financial performance.
Peer comparison
Dec 31, 2023