Pentair PLC (PNR)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The Days Sales Outstanding (DSO) for Pentair plc has shown some fluctuations over the past eight quarters. In Q4 2023, the DSO increased to 56.25 days compared to the previous quarter's DSO of 50.69 days. This indicates that Pentair plc took longer to collect its accounts receivable in Q4 2023.
Looking at the trend over the past two years, DSO has generally ranged between 48.67 days and 67.81 days. The highest DSO was recorded in Q1 2023 at 67.81 days, suggesting a longer collection period for accounts receivable during that period. On the other hand, the lowest DSO was in Q2 2022 at 48.67 days, indicating a quicker collection of receivables during that quarter.
Overall, while there have been fluctuations in DSO over the quarters, it is essential for Pentair plc to monitor and manage its accounts receivable effectively to ensure timely collection and maintain healthy cash flow.
Peer comparison
Dec 31, 2023