Owens & Minor Inc (OMI)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Owens & Minor, Inc.'s Days Sales Outstanding (DSO) has shown a generally decreasing trend over the four quarters of 2023, which is a positive sign indicating that the company is collecting its accounts receivable more efficiently.
In Q4 2023, the DSO decreased to 21.13 days from 24.36 days in Q3 2023, showing an improvement in collecting sales revenue from customers. This is a notable decrease from the DSO levels seen in Q1 and Q2 of 2023, which were 27.46 days and 24.22 days, respectively.
Comparing year-over-year performance, the DSO in Q4 2023 was lower than in the same period in 2022, which was 27.99 days. This implies that Owens & Minor has improved its collection process over the year.
Overall, the decreasing trend in DSO indicates that Owens & Minor, Inc. has been successful in managing its accounts receivable efficiently, potentially translating to improved cash flows and liquidity for the company.
Peer comparison
Dec 31, 2023