Insulet Corporation (PODD)

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		—	—	—	6.30	6.35	6.17	5.70	6.03	6.82	8.20	8.60	8.26	9.48	8.30	7.86	9.28	8.92	8.51	7.98	7.36
DSO	days	—	—	—	57.95	57.49	59.13	64.01	60.51	53.48	44.49	42.47	44.19	38.50	43.97	46.41	39.34	40.92	42.87	45.76	49.57

December 31, 2023 calculation

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

To analyze Insulet Corporation's days of sales outstanding (DSO) trend, we can observe a fluctuation in DSO over the past eight quarters. In Q4 2023, the DSO was 77.36 days, representing an increase compared to the previous quarter. This increase in DSO could indicate a potential delay in collecting payments from customers.

In Q3 and Q2 2023, the DSO decreased to 63.37 days and 62.41 days, respectively, showing an improvement in the collection of accounts receivable. However, in Q1 2023, there was a slight increase to 57.95 days compared to the previous quarter.

Comparing Q4 2022 to Q1 2023, we see a noticeable increase in DSO from 57.49 days to 57.95 days. This increase suggests a potential slowdown in collecting payments from customers in Q1 2023 compared to the previous quarter.

In terms of year-over-year analysis, there has been a slight increase in DSO from Q4 2022 to Q4 2023. This may indicate a longer average time taken to collect receivables in the most recent quarter.

Overall, the trend in DSO for Insulet Corporation shows some variability, with fluctuations in the collection of accounts receivable over the past eight quarters. It is essential for the company to closely monitor and manage its DSO to ensure efficient cash flow management and prompt collection of payments from customers.