Prestige Brand Holdings Inc (PBH)

Days of sales outstanding (DSO)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Receivables turnover		6.37	6.51	7.11	7.15	6.75	7.06	7.59	7.53	7.80	7.88	6.97	7.54	8.23	8.25	7.85	8.55	6.40	6.59	6.68	6.67
DSO	days	57.34	56.09	51.32	51.02	54.06	51.71	48.10	48.50	46.79	46.34	52.34	48.39	44.37	44.25	46.48	42.70	57.05	55.36	54.64	54.69

March 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.37
= 57.34

Days Sales Outstanding (DSO) is a key metric used to assess how efficiently a company collects its accounts receivable. A lower DSO indicates that the company is able to collect its receivables more quickly, which is generally preferable as it reflects strong cash flow management.

Analyzing Prestige Brand Holdings Inc's DSO over the past 20 quarters shows some fluctuations. The trend has been relatively stable, with some minor fluctuations. The DSO ranged from a low of 42.70 days to a high of 57.34 days during this period.

Overall, Prestige Brand Holdings Inc has managed to keep its DSO within a reasonable range, indicating that the company has been effective in managing its accounts receivable and collecting payments from customers in a timely manner. The trend towards shorter DSO values in recent quarters could imply improved efficiency in collecting accounts receivable and better cash flow management.

It is important for the company to continue monitoring its DSO to ensure that it remains within an optimal range, balancing the need to collect receivables promptly without straining customer relationships. Additionally, comparing the DSO with industry benchmarks and historical data can provide further insights into the company's financial performance and efficiency in managing working capital.