Targa Resources Inc (TRGP)

Days of sales outstanding (DSO)

Dec 31, 2024 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
Receivables turnover
DSO days

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

The days of sales outstanding (DSO) metric for Targa Resources Inc has been provided but without any specific numerical values. DSO is a measure of how long it takes for a company to collect payment after making a sale.

However, without the actual DSO values, it is challenging to provide a detailed analysis. Tracking DSO over time can help assess the effectiveness of the company's credit and collection policies. A decreasing DSO may indicate efficient collections, tight credit policies, or potential problems with customers' ability to pay, while an increasing DSO may raise concerns about liquidity and cash flow.

To provide a more in-depth analysis, it would be necessary to have actual DSO values to calculate trends, make comparisons with industry averages, and assess the company's ability to manage its accounts receivable effectively. Monitoring DSO is important for understanding how quickly the company is converting sales into cash, which ultimately impacts its financial health and operational efficiency.