A10 Network (ATEN)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 3.41 | 3.39 | 3.84 | 4.05 | 4.42 | |
| DSO | days | 106.96 | 107.76 | 94.95 | 90.21 | 82.62 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.41
= 106.96
The days of sales outstanding (DSO) for A10 Network have shown a gradual increase over the period from December 31, 2020, to December 31, 2024. Starting at 82.62 days in 2020, the DSO increased to 90.21 days in 2021, further rising to 94.95 days in 2022. The trend continued with DSO reaching 107.76 days in 2023 and slightly decreasing to 106.96 days in 2024.
A higher DSO indicates that the company is taking longer to collect its accounts receivable, which can impact its cash flow and liquidity. This increasing trend in DSO may suggest that A10 Network is facing challenges in efficiently collecting payments from customers, potentially signaling issues with credit policies, customer payment behaviors, or the effectiveness of the company's collections processes. Monitoring and managing DSO effectively is crucial to ensuring a healthy cash conversion cycle and financial stability.
Peer comparison
Dec 31, 2024