A10 Network (ATEN)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 3.39 | 3.84 | 4.05 | 4.42 | 3.97 | |
| DSO | days | 107.76 | 94.95 | 90.21 | 82.62 | 92.05 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.39
= 107.76
A10 Networks Inc's Days Sales Outstanding (DSO) has shown a fluctuating trend over the past five years.
In 2023, the DSO was reported at 107.76 days, indicating that the company took approximately 107.76 days to collect its accounts receivable, which is an increase compared to the previous year.
In 2022, the DSO stood at 94.95 days, reflecting a longer collection period compared to 2021 when it was 90.21 days. This increase suggests potential challenges in collecting receivables promptly.
However, the DSO in 2021 was lower than in 2020 when it was 82.62 days, showing that the company improved its collections efficiency that year.
Compared to 2019 when the DSO was 91.95 days, the DSO decreased in 2021 but increased in subsequent years, indicating some inconsistencies in the company's accounts receivable management over the period under consideration.
Overall, monitoring the DSO trend is crucial for evaluating the efficiency of A10 Networks Inc in collecting its accounts receivable and managing its cash flow.
Peer comparison
Dec 31, 2023