Bristow Group Inc (VTOL)

The Days Sales Outstanding (DSO) is a measure that indicates the average number of days it takes for a company to collect revenue after a sale is made. A lower DSO value is generally preferred as it suggests that the company is collecting its accounts receivable more quickly and efficiently.

Based on the data provided for Bristow Group Inc, the DSO trend over the years has been fluctuating:

- As of December 31, 2023, the DSO stood at 58.63 days, indicating that the company took an average of 58.63 days to collect its accounts receivable. This is a relatively higher DSO compared to the historical trend.
- The DSO for the year 2022 is not available, which makes it difficult to analyze the trend for that period.
- As of March 31, 2022, the DSO was at 0.55 days, which is exceptionally low, suggesting efficient accounts receivable collection during that quarter.
- For March 31, 2021, the DSO was 0.81 days, slightly higher than the previous period but still at a very low level.
- As of December 31, 2019, the DSO was at 4.39 days, indicating a relatively short collection period.

The significant fluctuation in the DSO values over the years suggests that Bristow Group Inc may have experienced variations in its accounts receivable management efficiency. Companies should aim to maintain a balance between timely collection of receivables and maintaining good customer relationships to ensure a healthy cash flow position. It would be beneficial for the company to investigate the reasons behind the higher DSO in 2023 and work towards improving its accounts receivable collection process to potentially lower the DSO in the future.