Option Care Health Inc (OPCH)

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		9.11	10.84	10.28	10.09	8.12	10.41	10.09	9.65	8.03	9.14	9.26	9.26	7.24	8.93	8.50	6.65	4.54	3.85	7.65	7.39
DSO	days	40.08	33.67	35.50	36.16	44.94	35.07	36.18	37.83	45.47	39.93	39.41	39.43	50.43	40.89	42.92	54.89	80.41	94.71	47.70	49.42

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.11
= 40.08

Option Care Health Inc.'s Days Sales Outstanding (DSO) metric has shown relatively stable performance over the past eight quarters. In Q4 2023, the DSO was 32.04 days, a slight decrease from the previous quarter's 33.24 days. This is a positive sign as it indicates that the company is collecting its accounts receivable more efficiently.

Comparing Q4 2023 to the same quarter in the previous year (Q4 2022), there was a marginal improvement in DSO from 34.93 days to 32.04 days. This suggests that Option Care Health Inc. has enhanced its ability to convert sales into cash more quickly over the year.

Overall, the trend in DSO for Option Care Health Inc. has been relatively consistent, with fluctuations within a narrow range. This stability can be interpreted as a sign of good management of accounts receivable and effective credit policies. However, there may be room for further improvement to shorten the collection period even more.