Zoetis Inc (ZTS)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		6.64	6.27	6.28	6.59	6.29
DSO	days	55.01	58.18	58.09	55.39	58.02

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.64
= 55.01

The Days of Sales Outstanding (DSO) for Zoetis Inc have shown a relatively stable trend over the past five years. It decreased from 58.02 days as of December 31, 2020, to 55.39 days as of December 31, 2021. There was a slight increase in DSO to 58.09 days by December 31, 2022, followed by a marginal increase in DSO to 58.18 days by December 31, 2023. However, the DSO improved to 55.01 days by December 31, 2024.

Overall, Zoetis Inc has effectively managed its accounts receivable collection during this period, with a slight variation in DSO figures. The decreasing trend in DSO from 2020 to 2021 indicates improved efficiency in collecting sales revenue, while the fluctuation in the following years suggests some variability in the company's receivables management. Nevertheless, the DSO of 55.01 days by the end of 2024 reflects a relatively healthy position in terms of collecting outstanding sales within a reasonable time frame.