Privia Health Group Inc (PRVA)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Receivables turnover | 5.73 | 7.16 | 8.22 | |
| DSO | days | 63.70 | 50.99 | 44.40 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.73
= 63.70
The Days of Sales Outstanding (DSO) for Privia Health Group Inc has shown an increasing trend over the past three years. In 2021, the DSO was 44.35 days, which increased to 51.01 days in 2022 and further increased to 64.02 days in 2023. This indicates that the company is taking longer to collect its accounts receivable, which may lead to liquidity challenges or inefficiencies in managing its receivables. It is important for the company to closely monitor and manage its DSO to ensure timely collection of sales proceeds and maintain a healthy cash flow position.
Peer comparison
Dec 31, 2023