Pilgrims Pride Corp (PPC)
Days of sales outstanding (DSO)
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 17.77 | 16.78 | 16.86 | 16.51 | 15.16 | 14.53 | 14.50 | 13.92 | 15.76 | 15.49 | 14.03 | 14.58 | 14.47 | 15.46 | 15.00 | 15.23 | 16.19 | 16.94 | 16.80 | 15.51 | |
| DSO | days | 20.54 | 21.75 | 21.64 | 22.11 | 24.07 | 25.13 | 25.17 | 26.22 | 23.15 | 23.57 | 26.01 | 25.04 | 25.23 | 23.61 | 24.33 | 23.97 | 22.54 | 21.55 | 21.72 | 23.54 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 17.77
= 20.54
The Days of Sales Outstanding (DSO) for Pilgrims Pride Corp have been relatively stable over the past several quarters, ranging between 20 to 26 days. DSO represents the average number of days a company takes to collect revenue after a sale is made.
From March 31, 2020, to December 31, 2024, the DSO has fluctuated within a narrow range, with a slight upward trend in recent quarters. This trend indicates that the company may be taking slightly longer to collect revenue from its sales.
Overall, Pilgrims Pride Corp's DSO levels suggest that the company has been managing its accounts receivable efficiently, with a consistent ability to collect payments within a reasonable timeframe. Monitoring DSO can provide insights into the company's liquidity and efficiency in managing working capital. Further analysis in conjunction with other financial ratios may provide a comprehensive view of the company's financial health and performance.
Peer comparison
Dec 31, 2024