Broadcom Inc (AVGO)
Days of sales outstanding (DSO)
Nov 3, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | ||
---|---|---|---|---|---|---|
Receivables turnover | 11.68 | 11.36 | 11.22 | 13.25 | 10.40 | |
DSO | days | 31.25 | 32.14 | 32.52 | 27.54 | 35.10 |
November 3, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 11.68
= 31.25
Broadcom Inc's days of sales outstanding (DSO) have shown some variability over the past five years. The DSO was 31.25 days as of November 3, 2024, which represents a slight improvement compared to the prior year where it was 32.14 days as of October 29, 2023. This indicates that the company is collecting its accounts receivable more efficiently in the current period.
Looking back further, the DSO for Broadcom Inc was 32.52 days as of October 30, 2022, and 27.54 days as of October 31, 2021, showing some fluctuations in the collection period over these years.
In comparison to two years ago, the DSO has increased from 27.54 days to 31.25 days, which may indicate a slowdown in collections or changes in customer payment behavior. However, it is important to note that the DSO is still lower than it was three years ago when it was 32.52 days.
Overall, while the DSO for Broadcom Inc has shown some fluctuations over the past five years, the company appears to be maintaining a relatively stable average collection period for its accounts receivable. Continued monitoring of DSO trends will be important to assess the company's efficiency in managing its receivables going forward.
Peer comparison
Nov 3, 2024