Portland General Electric Co (POR)

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		5.30	6.09	6.62	5.81	5.00	5.80	6.44	6.14	5.37	6.64	6.03	6.16	5.83	6.50	7.67	6.83	12.71	8.97	9.38	6.97
DSO	days	68.93	59.97	55.15	62.88	72.94	62.97	56.67	59.45	67.94	54.97	60.54	59.24	62.62	56.19	47.59	53.47	28.71	40.69	38.92	52.34

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.30
= 68.93

The Days of Sales Outstanding (DSO) is a measure that indicates the average number of days it takes for a company to collect revenue after making a sale. A lower DSO value is generally preferred as it suggests a faster collection of accounts receivable, leading to improved cash flow and liquidity.

Analyzing Portland General Electric Co's DSO over the past eight quarters, we observe fluctuations in the collection period:

- Q4 2023: 51.70 days
- Q3 2023: 46.05 days
- Q2 2023: 40.04 days
- Q1 2023: 47.72 days
- Q4 2022: 54.88 days
- Q3 2022: 49.04 days
- Q2 2022: 42.76 days
- Q1 2022: 45.83 days

The decreasing trend from Q4 2022 to Q2 2023 indicates an improvement in collecting receivables. However, the increase in Q4 2023 raises concerns as it suggests a slower collection period. It is important for the company to monitor and manage its accounts receivable effectively to ensure timely cash inflows.

Further analysis and comparison with industry benchmarks and historical performance can provide additional insights into Portland General Electric Co's efficiency in managing its receivables and overall financial health.