Teleflex Incorporated (TFX)

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		6.56	6.81	6.63	—	6.70	6.82	6.46	6.56	6.93	6.77	6.35	6.22	6.31	6.31	6.62	5.80	6.05	6.29	6.41	6.46
DSO	days	55.60	53.57	55.04	—	54.46	53.55	56.53	55.60	52.66	53.93	57.51	58.66	57.81	57.84	55.14	62.92	60.31	58.04	56.98	56.54

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.56
= 55.60

To analyze Teleflex Incorporated's Days Sales Outstanding (DSO) trend based on the provided data, we observe that the DSO figures have fluctuated over the past eight quarters. The DSO values range from a low of 51.09 days in Q3 2022 to a high of 54.42 days in Q4 2023.

On average, the company takes around 53 days to collect its accounts receivable, with slight variations seen in different quarters. The DSO values in the latest quarters (Q3 2023 and Q4 2023) have shown an increasing trend compared to the previous quarters.

Overall, a lower DSO indicates that the company is efficient in collecting its accounts receivable, while a higher DSO may signify potential issues with the company's credit policy, collection process, or customer payment behavior. Monitoring this trend over time is crucial to assess the company's liquidity and effectiveness in managing its accounts receivable.