PulteGroup Inc (PHM)

Days of sales outstanding (DSO)

		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	Mar 31, 2019
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1,647.25	—	—	—
DSO	days	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.22	—	—	—

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

The days of sales outstanding (DSO) for PulteGroup Inc in Q4 2023 decreased to 5.37 days from 5.87 days in Q4 2022. This indicates that, on average, it took the company approximately 5.37 days to collect payment for sales made during the fourth quarter of 2023. The decrease in DSO from the previous year suggests that PulteGroup may have improved its accounts receivable management efficiency, allowing for quicker collection of sales revenue. However, it is important to note the lack of data for the other quarters in 2023, which limits a comprehensive analysis of the trend in DSO throughout the year.