Adobe Systems Incorporated (ADBE)

Days of sales outstanding (DSO)

		Nov 30, 2024	Nov 29, 2024	Dec 1, 2023	Nov 30, 2023	Dec 2, 2022
Receivables turnover		—	10.38	8.73	—	8.51
DSO	days	—	35.17	41.82	—	42.91

November 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

To analyze Adobe Systems Incorporated's Days of Sales Outstanding (DSO) based on the provided data:

1. The DSO for December 2, 2022, was reported as 42.91 days, indicating that on average, Adobe takes approximately 42.91 days to collect its accounts receivable.

2. There is missing data for DSO on November 30, 2023, making it difficult to assess the trend for that period.

3. The DSO decreased to 41.82 days on December 1, 2023, suggesting an improvement in the collection of accounts receivable compared to the previous year.

4. The trend continued positively as the DSO further decreased to 35.17 days on November 29, 2024, indicating that Adobe was more efficient in collecting payments from customers within a shorter timeframe.

5. However, there is again missing data for DSO on November 30, 2024, which may impact the overall trend analysis for that particular period.

Overall, the trend in Days of Sales Outstanding for Adobe Systems Incorporated shows a mixed picture with improvements in some periods and missing data in others, making it important to monitor closely to understand the company's efficiency in managing its accounts receivable.