Procter & Gamble Company (PG)

Days of sales outstanding (DSO)

		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	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Receivables turnover		13.74	13.73	13.25	13.40	14.99	14.80	13.92	14.07	15.59	14.44	14.95	13.62	16.11	15.40	15.35	14.37	16.98	15.16	13.39	13.38
DSO	days	26.57	26.59	27.54	27.24	24.35	24.66	26.22	25.95	23.41	25.27	24.42	26.79	22.66	23.70	23.78	25.40	21.49	24.08	27.25	27.29

June 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 13.74
= 26.57

The Days Sales Outstanding (DSO) for Procter & Gamble Company has shown some fluctuations over the past several quarters. The trend indicates that the DSO has ranged between 21.49 days to 27.54 days in the last 20 quarters.

There was a noticeable increase in DSO from March 2021 to September 2021, indicating a potential issue with collecting receivables efficiently during that period. However, it decreased significantly in the subsequent quarters, suggesting improved collection efforts or changes in customer payment behavior.

Overall, Procter & Gamble's DSO has generally been well-managed, staying within a relatively narrow range. A lower DSO indicates efficient accounts receivable management, whereas a higher DSO may suggest potential challenges in collecting sales revenue. It is important for the company to closely monitor DSO to ensure timely collection of receivables and maintain healthy cash flows.