Plexus Corp (PLXS)

Days of sales outstanding (DSO)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Receivables turnover		12.91	12.84	10.47	13.15	14.26
DSO	days	28.27	28.42	34.87	27.76	25.59

September 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 12.91
= 28.27

Based on the data provided, Plexus Corp's Days Sales Outstanding (DSO) has shown some fluctuations over the past five years. In Sep 30, 2024, the DSO was 28.27 days, which was slightly lower compared to the previous year but higher than the DSO in Sep 30, 2022. This indicates that the company's accounts receivable turnover improved slightly.

In Sep 30, 2023, the DSO was 28.42 days, showing a slight decrease from the DSO in Sep 30, 2022, which was the highest DSO over the period. This suggests that in 2023, the company was able to manage its accounts receivable more efficiently compared to the previous year.

On the other hand, in Sep 30, 2021, and Sep 30, 2020, the DSO was 27.76 days and 25.59 days, respectively, showing a decreasing trend in accounts receivable turnover during those years. This indicates that Plexus Corp was collecting its accounts receivable at a faster rate in those years.

Overall, while there have been fluctuations in Plexus Corp's DSO over the years, the company has shown some ability to manage its accounts receivable efficiently, with some improvements in certain years and a decreasing trend in others.