Insulet Corporation (PODD)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		—	6.35	6.82	9.48	8.80
DSO	days	—	57.49	53.48	38.50	41.46

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

The days of sales outstanding (DSO) for Insulet Corporation have exhibited fluctuations over the past five years. The trend shows an increase in DSO from 2019 to 2020, followed by a substantial decrease in 2021. However, in the subsequent years, DSO experienced a moderate upward trajectory, reaching 77.36 days by the end of 2023. This indicates that, on average, it took Insulet Corporation around 77.36 days to collect its accounts receivable in 2023, compared to 57.49 days in 2022, 53.48 days in 2021, 33.82 days in 2020, and 40.94 days in 2019. The increase in DSO could suggest potential challenges in collecting receivables efficiently, impacting cash flow and liquidity management. Further analysis of the company's credit policies, customer payment habits, and overall efficiency in accounts receivable management may be warranted to address this trend.