Post Holdings Inc (POST)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 13.59 | 14.66 | 13.65 | 12.60 | 13.64 | 11.73 | 10.91 | 11.28 | 10.75 | 10.21 | 11.20 | 9.67 | 11.63 | 9.45 | 9.75 | 12.59 | 12.90 | 13.66 | 10.58 | 12.68 | |
| DSO | days | 26.85 | 24.90 | 26.74 | 28.98 | 26.75 | 31.12 | 33.44 | 32.36 | 33.95 | 35.75 | 32.59 | 37.75 | 31.38 | 38.63 | 37.45 | 28.99 | 28.28 | 26.72 | 34.49 | 28.80 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 13.59
= 26.85
Post Holdings Inc's Days Sales Outstanding (DSO) provides insight into how long it takes the company to collect its accounts receivables. The trend in DSO over the periods shows fluctuations in the collection efficiency. A lower DSO indicates faster collection times and better liquidity.
Analyzing the data, DSO has been relatively stable, ranging from a low of 24.90 days to a high of 37.75 days over the past few quarters. The DSO was at its lowest at 24.90 days in June 2024, indicating efficient account receivables management. However, there was a slight increase to 26.85 days in September 2024.
Comparing the DSO to historical data, it's evident that Post Holdings Inc has been able to keep DSO within a reasonable range, suggesting consistent management of accounts receivables. The company may need to focus on maintaining or reducing DSO to ensure timely collection of sales proceeds.
Overall, the trend in Post Holdings Inc's DSO indicates a reasonably healthy collection process, but there may be room for improvement in optimizing working capital efficiency. Monitoring DSO trends going forward will be crucial in assessing the company's financial health and operational effectiveness.
Peer comparison
Sep 30, 2024