ePlus inc (PLUS)
Days of sales outstanding (DSO)
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 2.18 | 2.19 | 2.96 | 2.80 | 2.85 | 2.65 | 2.61 | 3.18 | 2.38 | 2.99 | 3.08 | 3.37 | 2.61 | 2.78 | 2.90 | 2.91 | 2.55 | 3.15 | 2.88 | 3.30 | |
| DSO | days | 167.57 | 166.76 | 123.43 | 130.41 | 127.87 | 137.76 | 140.04 | 114.64 | 153.30 | 121.99 | 118.53 | 108.35 | 139.81 | 131.18 | 125.96 | 125.42 | 143.36 | 115.85 | 126.70 | 110.70 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 2.18
= 167.57
Based on the data provided for ePlus inc's Days Sales Outstanding (DSO) over multiple quarters, we can observe fluctuations in the collection period for accounts receivable. DSO is a measure of the average number of days it takes for a company to collect payment after a sale has been made.
Here are some key points from the DSO data:
- The DSO for ePlus inc ranged from a low of 108.35 days on March 31, 2022, to a high of 167.57 days on December 31, 2024.
- There is variability in the DSO values over the quarters, indicating changes in the company's accounts receivable management efficiency.
- Generally, a lower DSO is preferred as it signifies that the company is collecting payments from customers more quickly.
- A higher DSO may indicate issues with collections or extending credit terms that could potentially impact cash flow and working capital management.
- It's important for ePlus inc to monitor and analyze the trends in DSO over time to ensure effective credit and collection practices are in place.
- Quarterly variations in DSO should be further investigated to identify any specific reasons behind the changes and implement strategies to optimize accounts receivable management.
Overall, the DSO analysis provides insights into ePlus inc's efficiency in collecting accounts receivable and highlights the importance of monitoring this metric to maintain healthy cash flows and working capital levels.
Peer comparison
Dec 31, 2024