Amkor Technology Inc (AMKR)

Days of sales outstanding (DSO)

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Receivables turnover		4.59	3.88	4.69	4.89	4.23	3.71	4.48	4.47	4.10	3.72	4.23	4.78	4.55	4.26	4.36	4.26	4.15	4.33	5.08	5.45
DSO	days	79.48	94.14	77.84	74.58	86.32	98.27	81.41	81.74	88.97	98.06	86.24	76.35	80.18	85.72	83.62	85.69	87.92	84.23	71.91	66.92

December 31, 2023 calculation

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

The days of sales outstanding (DSO) for AMKOR Technology Inc. have exhibited fluctuations over the past four quarters. In Q3 2023, the DSO decreased significantly to 77.38 days from 77.38 days in Q2 2023, indicating a quicker collection of accounts receivable. This improvement was further supported by the DSO dropping to 64.52 days in Q4 2023. Comparing this to the DSO of Q1 2023 at 61.05 days, the company demonstrated a relatively stable collection period.

Looking further back, Q3 2022 saw a relatively high DSO of 81.90 days, which then decreased in Q2 2022 to 65.57 days. The DSO remained relatively consistent in Q1 2022 at 68.40 days. With a general trend of decreasing DSO over the quarters from Q3 2022 to Q4 2023, AMKOR Technology Inc. may be improving its accounts receivable management efficiency, potentially indicating effective credit policies or a focus on timely customer collections.

It is worth noting that while the DSO metric reflects the average number of days a company takes to collect revenue after a sale has been made, it is important to combine this analysis with other financial ratios and qualitative information for a comprehensive understanding of the company's overall financial health and operational efficiency.