Plexus Corp (PLXS)

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		10.95	11.20	10.77	—	11.27	10.47	—	—	—	13.15	—	—	—	—	—	—	—	—	—	—
DSO	days	33.34	32.59	33.90	—	32.38	34.87	—	—	—	27.76	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 10.95
= 33.34

The days of sales outstanding (DSO) for Plexus Corp have shown some fluctuations over the past few quarters. The DSO for Dec 31, 2023, was 33.34 days, a slight increase from the previous quarter's DSO of 32.59 days. This indicates that it took Plexus Corp approximately 33.34 days to collect its accounts receivable at the end of the most recent quarter.

Looking back at the trend, we see that the company's DSO has been relatively stable around the low 30s range, with some variability. The DSO was at its lowest point in Sep 30, 2021, at 27.76 days, suggesting a more efficient collection of receivables at that time.

However, it is noted that certain quarters have missing DSO data, which makes it challenging to track the DSO trend consistently. This missing data for some quarters may be due to various reasons such as changes in reporting practices or data availability.

Overall, Plexus Corp's DSO trend indicates that the company's accounts receivable collection process has generally been efficient, staying within a reasonable range of around 30-35 days. Further monitoring and analysis of DSO in upcoming quarters will provide a clearer picture of Plexus Corp's accounts receivable management performance.