Performance Food Group Co (PFGC)
Days of sales outstanding (DSO)
| 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 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 23.67 | 24.41 | 23.85 | 23.37 | — | 25.02 | — | 21.66 | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 15.42 | 14.95 | 15.31 | 15.62 | — | 14.59 | — | 16.85 | — | — | — | — | — | — | — | — | — | — | — | — |
March 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 23.67
= 15.42
Performance Food Group Co's Days Sales Outstanding (DSO) measures the average number of days it takes for the company to collect its accounts receivable. A lower DSO indicates that the company is collecting payments from its customers more quickly.
Based on the provided data, the DSO for Performance Food Group Co has been relatively stable over the recent quarters, ranging from 14.59 days to 16.85 days. This suggests that the company has been efficient in managing its accounts receivable and collecting payments from customers within a reasonable timeframe.
It is worth noting that there are missing data points in the table, indicating that DSO information was not available for certain quarters. However, focusing on the available data points, the trend shows consistency in the company's collection efforts.
Overall, Performance Food Group Co's DSO indicates that the company has been effective in managing its accounts receivable and collecting payments in a timely manner, which is a positive signal for its liquidity and operational efficiency.
Peer comparison
Mar 31, 2024