Performance Food Group Co (PFGC)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 21.95 | 23.10 | 23.67 | 24.41 | 23.85 | 23.37 | — | 25.02 | — | 21.66 | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 16.63 | 15.80 | 15.42 | 14.95 | 15.31 | 15.62 | — | 14.59 | — | 16.85 | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 21.95
= 16.63
Performance Food Group Co has shown fluctuations in its days of sales outstanding (DSO) over the past few periods. DSO was not available for most of the periods until June 30, 2022, where it stood at 16.85 days. From that point onwards, DSO has been gradually decreasing, reaching 14.59 days by December 31, 2022.
The company's DSO remained fairly stable between December 31, 2022, and June 30, 2023, ranging between 14.59 days and 15.62 days. There was a slight increase to 15.80 days by September 30, 2024, before rising further to 16.63 days by December 31, 2024.
Overall, the trend in DSO indicates that Performance Food Group Co has been managing its accounts receivable effectively, as lower DSO values suggest the company is collecting its outstanding sales revenue quicker, which could indicate efficient credit management practices or potentially tighter credit terms for customers. Monitoring further changes in DSO will be essential to assess the company's continued effectiveness in managing its accounts receivable.
Peer comparison
Dec 31, 2024