Performance Food Group Co (PFGC)
Days of sales outstanding (DSO)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 21.61 | 21.84 | 22.33 | 23.27 | 22.85 | 23.76 | 24.51 | 23.94 | 23.46 | 24.95 | 25.11 | 23.92 | 21.74 | 20.33 | 18.87 | 15.08 | 18.65 | 18.75 | 21.55 | 17.88 | |
| DSO | days | 16.89 | 16.72 | 16.35 | 15.68 | 15.97 | 15.36 | 14.89 | 15.25 | 15.56 | 14.63 | 14.54 | 15.26 | 16.79 | 17.95 | 19.34 | 24.21 | 19.57 | 19.46 | 16.94 | 20.42 |
June 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 21.61
= 16.89
The analysis of Performance Food Group Co's days of sales outstanding (DSO) over the specified period indicates a pattern of relative stability with slight fluctuations. Starting from September 30, 2020, when the DSO was approximately 20.42 days, there was a noticeable decrease by December 31, 2020, to around 16.94 days. This downward trend continued into March 31, 2021, with DSO approaching 19.46 days, and remained relatively stable through June 30, 2021, at approximately 19.57 days.
In the subsequent quarters, there was a transient increase in DSO, with September 30, 2021, reaching roughly 24.21 days, representing a notable elevation compared to previous levels. However, from December 31, 2021, onward, the DSO demonstrated a decreasing trend, settling generally in the range of 14.5 to 17 days. Specifically, by December 31, 2022, the DSO was approximately 14.54 days, reflecting improved efficiency in collecting receivables.
Across the first half of 2023, the DSO remained relatively consistent, hovering around the 15-day mark. Slight increases were observed in the latter part of 2023, with the last reported figure on September 30, 2024, reaching approximately 15.68 days, and continuing to rise modestly to around 16.89 days by June 30, 2025. The period from September 2020 to mid-2025 demonstrates a trend toward moderate collection periods, with DSO generally staying within a range of approximately 14.5 to 17 days, suggesting a stable and efficient receivables management system overall.
The observed fluctuations in DSO could be indicative of periodic variations in customer payment behaviors, changes in credit policies, or operational adjustments. Overall, the company's DSO levels are indicative of prompt receivable collections, reflecting positively on its cash flow management and credit policies.
Peer comparison
Jun 30, 2025