Public Service Enterprise Group Inc (PEG)

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		6.47	7.40	7.15	5.94	4.18	5.03	4.21	4.73	4.66	5.61	5.87	5.81	5.64	6.14	6.06	6.80	6.41	7.48	7.75	5.50
DSO	days	56.39	49.30	51.03	61.43	87.34	72.50	86.80	77.18	78.28	65.05	62.17	62.77	64.69	59.43	60.19	53.66	56.98	48.77	47.11	66.31

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.47
= 56.39

Public Service Enterprise Group Inc.'s Days of Sales Outstanding (DSO) have exhibited fluctuations over the past eight quarters. In Q4 2023, the DSO decreased to 56.39 days from 49.30 days in Q3 2023, indicating an improvement in the company's ability to collect receivables. However, this figure is higher than the DSO in Q2 2023 and Q1 2023, which could suggest a temporary delay in receivables collections during this period.

Comparing the most recent quarter (Q4 2023) to the same quarter the previous year (Q4 2022), there has been a notable reduction in DSO from 87.34 days to 56.39 days. This improvement suggests that the company has enhanced its efficiency in converting sales into cash.

It is important to monitor DSO closely to ensure that collections are timely and efficient, as a high DSO can indicate potential liquidity or credit issues. The variability in DSO over the quarters indicates the need for continuous evaluation and potential strategies to optimize accounts receivable management within Public Service Enterprise Group Inc.