Tyson Foods Inc (TSN)
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 | 23.39 | 21.36 | 21.73 | — | 23.36 | 20.68 | — | — | — | 19.60 | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 15.60 | 17.09 | 16.79 | — | 15.63 | 17.65 | — | — | — | 18.62 | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 23.39
= 15.60
Based on the data provided, Tyson Foods Inc's Days of Sales Outstanding (DSO) fluctuated over the past few quarters. In the most recent period of December 31, 2023, the DSO was 15.60 days, indicating that on average, the company takes approximately 15.60 days to collect its accounts receivable.
Comparing this to previous quarters, we see some variability in the DSO metric. For example, in September 2023, the DSO was slightly higher at 17.09 days, suggesting a longer collection period compared to December 2023. In June 2023, the DSO was 16.79 days, showing a minor decrease from the previous quarter.
It is worth noting that the DSO was not reported for some quarters, indicating a lack of data availability or potential changes in reporting practices during those periods.
Overall, the trend of fluctuating DSO values suggests that Tyson Foods Inc may have experienced shifts in its accounts receivable collection efficiency over the analyzed period. Monitoring DSO can help assess the company's liquidity and effectiveness in managing its receivables.
Peer comparison
Dec 31, 2023