Agilent Technologies Inc (A)
Days of sales outstanding (DSO)
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 4.44 | 4.88 | 4.54 | 5.04 | 4.68 | |
| DSO | days | 82.21 | 74.84 | 80.39 | 72.46 | 78.04 |
October 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.44
= 82.21
Agilent Technologies Inc's Days Sales Outstanding (DSO) measures how long it takes for the company to collect revenue from its sales. The trend of Agilent's DSO over the past five years shows some variation. In the most recent fiscal year ending on October 31, 2024, the DSO increased to 82.21 days from 74.84 days in the previous year. This suggests that Agilent took longer to collect payments from its customers in 2024 compared to 2023.
Looking further back, the DSO was also higher in 2022 at 80.39 days compared to 72.46 days in 2021. However, there was a decrease in DSO in 2021 compared to 2020, where it was at 78.04 days. This indicates that Agilent made improvements in its collection efficiency in 2021 after a slight increase in 2020.
Overall, fluctuations in DSO can be influenced by various factors such as changes in the company's credit policies, customer payment behavior, and economic conditions. It is essential for Agilent to monitor its DSO closely to ensure efficient cash flow management and timely collection of accounts receivable.
Peer comparison
Oct 31, 2024