Perrigo Company PLC (PRGO)

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		5.59	6.10	5.84	6.29	6.31	6.14	—	6.39	—	—	—	6.34	—	—	—	—	—	—	—	—
DSO	days	65.31	59.83	62.49	57.99	57.86	59.44	—	57.16	—	—	—	57.58	—	—	—	—	—	—	—	—

September 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.59
= 65.31

The Days of Sales Outstanding (DSO) for Perrigo Company PLC have fluctuated over the last few quarters. In the most recent quarter (September 30, 2024), the DSO was 65.31 days, an increase from the previous quarter's DSO of 59.83 days. This suggests that the company took slightly longer to collect its accounts receivable in the latest period.

Looking back at prior quarters, the DSO has shown some variability, with peaks and troughs observed. It is important to note that there are some gaps in the data, where DSO figures are not available for certain quarters.

Overall, the trend in DSO should be monitored closely as it can provide insights into the company's revenue collection efficiency and liquidity management. An increasing DSO could indicate potential issues with credit policies or customer payment delays, while a decreasing DSO may suggest improvements in receivables management. Periodic analysis of DSO alongside other financial metrics will provide a more comprehensive view of Perrigo Company PLC's financial performance.