ResMed Inc (RMD)

Days of sales outstanding (DSO)

		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	Sep 30, 2019
Receivables turnover		5.59	5.81	6.09	6.23	5.92	5.92	5.68	5.95	6.33	7.09	6.68	5.94	5.32	5.99	6.14	6.55	6.23	5.21	5.27	5.47
DSO	days	65.28	62.80	59.95	58.57	61.68	61.63	64.25	61.39	57.66	51.47	54.64	61.44	68.66	60.93	59.42	55.71	58.59	70.04	69.22	66.77

June 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.59
= 65.28

The Days Sales Outstanding (DSO) for ResMed Inc has shown some fluctuations over the past several quarters. The trend indicates that the company takes an average of around 60 to 65 days to collect its accounts receivable.

It's worth noting that there was an increase in DSO in the most recent quarter, rising to 65.28 days compared to the previous quarter. This suggests that the company may be facing challenges in collecting payments from customers in a timely manner.

Looking further back, the data shows that DSO has generally been within the range of 50 to 70 days over the past two years. The lowest DSO observed was 51.47 days in the first quarter of 2022, while the highest was 70.04 days in the third quarter of 2020.

Overall, the analysis of ResMed Inc's DSO indicates that the company's collection efficiency has varied, and it may be important for the company to focus on managing its accounts receivable effectively to ensure timely cash flows.