Post Holdings Inc (POST)
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 | 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 | 12.76 | 12.40 | 12.06 | |
| DSO | days | 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 | 28.60 | 29.45 | 30.25 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 12.60
= 28.98
To analyze the Days of Sales Outstanding (DSO) trend for Post Holdings Inc based on the provided data, we observe a fluctuating pattern over the past eight quarters.
In Q2 2022, the DSO was 27.51 days, indicating that on average, it took the company approximately 27.51 days to collect its accounts receivable. This figure then increased in Q3 2022 to 32.07 days, showing a slowdown in collections. However, in Q4 2022, there was a slight improvement with DSO decreasing to 33.95 days.
Moving into 2023, there was a further increase in DSO in Q1 2023 to 34.08 days, followed by a peak in Q2 2023 at 35.15 days. This upward trend reversed in Q3 2023, where DSO decreased to 32.63 days, indicating better accounts receivable management. Q4 2023 saw a further reduction to 26.75 days, the lowest DSO value in the given period, implying efficient collection processes.
Finally, in Q1 2024, the DSO remained relatively low at 28.98 days, suggesting that the company has maintained a reasonable pace in collecting its outstanding invoices compared to the previous quarters.
Overall, the analysis shows some fluctuations in Post Holdings Inc's DSO over the past eight quarters, with periods of increase and decrease. The recent improvements in DSO indicate potential enhancements in the company's accounts receivable management, which can positively impact its liquidity and cash flow position.
Peer comparison
Dec 31, 2023