Amkor Technology Inc (AMKR)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		4.59	4.23	4.10	4.49	4.15
DSO	days	79.48	86.32	88.97	81.30	87.92

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.59
= 79.48

AMKOR Technology Inc.'s Days of Sales Outstanding (DSO) has shown a fluctuating trend over the past five years. The DSO decreased from 76.62 days in 2019 to 69.57 days in 2020, suggesting an improvement in the company's accounts receivable collection efficiency. However, this improvement was followed by an increase in DSO to 74.85 days in 2021 and further to 70.28 days in 2022, indicating a potential delay in collecting sales revenue.

The most recent data, as of December 31, 2023, shows a decrease in DSO to 64.52 days. This decrease may indicate that the company has been more effective in collecting payments from customers in a timely manner, which could positively impact cash flow and working capital management.

Overall, the fluctuation in AMKOR Technology Inc.'s DSO over the years suggests that the company may need to focus on maintaining a consistent and efficient accounts receivable management process to ensure timely collection of sales revenue and optimize liquidity. Further analysis of the reasons behind these fluctuations and comparison with industry benchmarks could provide more insights into the company's credit and collection policies.