Dentsply Sirona Inc (XRAY)
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 | 5.14 | 6.02 | 5.83 | 6.00 | 6.18 | 6.20 | 6.19 | 5.85 | 5.61 | 5.71 | 5.95 | 5.39 | 4.91 | 5.31 | 6.82 | 5.55 | 5.13 | 5.67 | 5.61 | 6.01 | |
| DSO | days | 70.99 | 60.66 | 62.56 | 60.86 | 59.03 | 58.84 | 58.93 | 62.38 | 65.09 | 63.88 | 61.30 | 67.75 | 74.31 | 68.69 | 53.50 | 65.76 | 71.09 | 64.32 | 65.08 | 60.73 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.14
= 70.99
Based on the provided data, DENTSPLY Sirona Inc's Days Sales Outstanding (DSO) has shown some fluctuations over the past eight quarters. In Q4 2023, the company's DSO stood at 63.98 days, which was slightly higher compared to the previous quarter at 60.18 days. This increase indicates that it took the company longer to collect its accounts receivable in Q4 2023.
Looking back at the trend, DSO has generally been stable around the 60-day mark over the past two years, with occasional variations. The highest DSO of 63.98 days in Q4 2023 contrasts with the lowest DSO of 58.33 days in Q3 2022. This suggests some inconsistency in the collection efficiency of DENTSPLY Sirona Inc over the observed period.
Overall, while the recent uptick in DSO may raise some concerns about the company's receivables management, it is essential to monitor future trends to determine if this is a temporary fluctuation or a developing issue that may impact the company's cash flow and liquidity position.
Peer comparison
Dec 31, 2023