Plexus Corp (PLXS)

Days of sales outstanding (DSO)

		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	Dec 31, 2019
Receivables turnover		12.90	12.38	12.51	12.62	12.86	12.32	—	11.27	10.47	—	—	—	13.15	—	—	—	—	—	—	—
DSO	days	28.30	29.49	29.17	28.93	28.39	29.63	—	32.38	34.87	—	—	—	27.76	—	—	—	—	—	—	—

September 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 12.90
= 28.30

The days of sales outstanding (DSO) for Plexus Corp have shown a relatively stable trend over the past few quarters, ranging from 28.30 days to 34.87 days. This metric measures the average number of days it takes for the company to collect revenue after making a sale. A lower DSO indicates faster cash collection, which is generally favorable for a company's liquidity and working capital management.

Plexus Corp's DSO has generally been within a reasonable range, suggesting efficient accounts receivable management. The slight fluctuations in the DSO figures may be influenced by factors such as changes in sales volume, credit terms, and customer payment behavior. Monitoring DSO regularly can help assess the effectiveness of the company's credit policies and collection efforts.

Overall, Plexus Corp's DSO indicates a balanced approach to revenue collection, with potential opportunities for further improvement through continued attention to receivables management strategies.