PG&E Corp (PCG)

Days of sales outstanding (DSO)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 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
Receivables turnover 6.11 6.38 12.50 11.15 11.93 10.45 10.57 8.60 8.20 7.91 9.82 10.44 8.80 11.55 10.48 10.43 9.81 10.05 12.49 13.10
DSO days 59.71 57.20 29.20 32.74 30.60 34.93 34.54 42.43 44.53 46.16 37.18 34.95 41.47 31.60 34.81 35.01 37.21 36.33 29.22 27.87

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.11
= 59.71

Days Sales Outstanding (DSO) is a measure of how long it takes for a company to collect its accounts receivable. A lower DSO indicates that the company is collecting payments more quickly, which is generally favorable.

Based on the data provided for PG&E Corp, we observe fluctuations in the DSO over the periods indicated. The DSO ranged from a low of 27.87 days on March 31, 2020, to a high of 59.71 days on December 31, 2024.

From March 31, 2020, to June 30, 2020, there was a slight increase in DSO, suggesting a potential delay in collecting receivables during that period. However, the DSO showed a decreasing trend until September 30, 2021, indicating an improvement in the company's receivables collection efficiency.

From September 30, 2021, to December 31, 2023, the DSO remained relatively stable, hovering around the mid-30s to low-40s range. This stability indicates that the company maintained its efficiency in collecting payments from customers during this period.

However, there was a notable increase in DSO on September 30, 2024, and December 31, 2024, with the DSO exceeding 50 days. This significant increase may suggest challenges in collecting receivables efficiently during those quarters.

Overall, it is essential for PG&E Corp to monitor and manage its DSO effectively to ensure timely collection of accounts receivable and maintain healthy cash flow dynamics.