Telephone and Data Systems Inc (TDS)

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		5.20	5.27	5.24	4.94	4.81	4.81	4.83	4.83	4.30	4.53	4.59	4.54	4.39	4.42	4.64	4.84	4.98	5.22	5.23	5.28
DSO	days	70.17	69.28	69.72	73.87	75.86	75.85	75.60	75.59	84.93	80.62	79.45	80.45	83.08	82.59	78.62	75.48	73.28	69.88	69.78	69.15

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.20
= 70.17

The days of sales outstanding (DSO) for Telephone And Data Systems, Inc. have remained relatively stable over the past eight quarters, ranging from a low of 76.02 days to a high of 83.61 days. The trend indicates that the company takes an average of around 76 to 83 days to collect its accounts receivable, which is a crucial metric for assessing the efficiency of the company's credit and collection policies. The slight fluctuations in DSO suggest that the company's receivables management may be consistent and effective in terms of collecting sales revenues from customers in a timely manner. However, it is worth monitoring any significant deviations in the future quarters to ensure the company's liquidity and cash flow position remain healthy.