Amphenol Corporation (APH)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 4.79 | 4.80 | 4.43 | 4.41 | 4.74 | |
| DSO | days | 76.12 | 76.09 | 82.38 | 82.84 | 77.05 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.79
= 76.12
Amphenol Corp.'s Days of Sales Outstanding (DSO) has shown a relatively stable trend over the past five years. The DSO for the most recent year, ending December 31, 2023, was 76.12 days, which is quite consistent with the prior year's DSO of 76.09 days. This indicates that the company is efficient in collecting payments from its customers, with minimal changes in the time it takes to convert sales into cash.
It is worth noting that there was a slight decrease in DSO from 2021 to 2022, which may suggest improved accounts receivable management or potentially a more effective credit policy. Overall, the DSO values for Amphenol Corp. seem well-controlled and reflective of a healthy cash conversion cycle. Further analysis of underlying factors such as sales growth, credit terms, and customer payment behavior could provide additional insights into the company's financial health and operational efficiency.