Performance Food Group Co (PFGC)
Days of sales outstanding (DSO)
Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
---|---|---|---|---|---|---|
Receivables turnover | 22.34 | 22.85 | 23.46 | 21.74 | 18.65 | |
DSO | days | 16.34 | 15.97 | 15.56 | 16.79 | 19.57 |
June 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 22.34
= 16.34
The data indicates that Performance Food Group Co’s days of sales outstanding (DSO) has exhibited a declining trend from June 30, 2021, through June 30, 2023, followed by a slight increase thereafter. Specifically, the DSO decreased from 19.57 days as of June 30, 2021, to 16.79 days by June 30, 2022, representing a reduction of approximately 2.78 days. This decline suggests an improvement in the company's collection efficiency, indicating that the company was able to collect receivables more promptly over this period.
Between June 30, 2022, and June 30, 2023, the DSO further decreased to 15.56 days, reaching its lowest point within the observed timeframe. This continued decline reflects enhanced management of receivables and potentially more stringent credit policies or improved cash flow processes.
However, from June 30, 2023, to June 30, 2024, the DSO experienced a modest increase to 15.97 days, and subsequently to 16.34 days as of June 30, 2025. The slight upward trend in these years could indicate a minor slackening in receivables collection efficiency, potentially influenced by changes in customer payment behaviors, credit policies, or broader market conditions.
Overall, the trend from 2021 through 2025 suggests that the company has been largely successful in reducing its receivable collection period initially but has experienced a small reversal of this trend in recent years. The current DSO levels remain relatively low, indicating that the company continues to manage its receivables efficiently relative to industry norms, though ongoing monitoring would be advisable to ensure this measure remains stable.
Peer comparison
Jun 30, 2025