Agilent Technologies Inc (A)
Days of sales outstanding (DSO)
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 5.17 | 4.89 | 5.16 | 4.98 | 4.71 | 4.55 | 4.91 | 5.22 | 5.29 | 5.05 | 5.40 | 5.34 | 5.02 | 4.68 | 5.52 | 5.81 | 5.33 | 5.08 | 5.76 | 5.93 | |
| DSO | days | 70.55 | 74.60 | 70.71 | 73.31 | 77.49 | 80.29 | 74.34 | 69.91 | 68.97 | 72.32 | 67.61 | 68.38 | 72.75 | 78.04 | 66.07 | 62.82 | 68.49 | 71.81 | 63.40 | 61.52 |
January 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.17
= 70.55
To analyze Agilent Technologies Inc.'s Days of Sales Outstanding (DSO) over the past eight quarters, we observe a fluctuating trend. The DSO has ranged from a low of 68.96 days in Q4 2023 to a high of 76.84 days in Q1 2023. Generally, a higher DSO indicates a longer period for the company to collect its accounts receivable, which may suggest potential issues with the company's credit policies, collection efficiency, or customer payment behavior.
In Q1 2024, the DSO stands at 70.18 days, which is a slight increase compared to the previous quarter. This could imply that Agilent is taking longer to collect its sales revenue compared to the previous quarter. However, it is important to note that DSO can be impacted by seasonal factors or the company's business model, so it is crucial to consider such factors when interpreting the ratio.
Overall, a consistent monitoring of DSO trends can provide insights into the effectiveness of Agilent Technologies Inc.'s account receivable management and its ability to efficiently convert sales into cash.
Peer comparison
Jan 31, 2024