Avnet Inc (AVT)
Days of sales outstanding (DSO)
| Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 5.41 | 5.74 | 5.68 | 5.58 | 5.57 | — | 5.50 | — | 5.65 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 67.47 | 63.64 | 64.26 | 65.39 | 65.52 | — | 66.40 | — | 64.58 | — | — | — | — | — | — | — | — | — | — | — |
June 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.41
= 67.47
The Days of Sales Outstanding (DSO) is a measure that indicates the average number of days it takes for a company to collect revenue after a sale has been made. Looking at the trend in Avnet Inc's DSO over the past few quarters, we can observe the following:
1. The DSO for Avnet Inc has been relatively stable, with fluctuations within a narrow range between 63.64 days to 67.47 days over the past several quarters.
2. The DSO for the most recent quarter, as of June 30, 2024, is 67.47 days, which indicates that on average, Avnet Inc takes approximately 67 days to collect revenue from its sales.
3. A consistent DSO level generally suggests effective management of account receivables and efficient collection processes. However, it is essential to monitor any significant deviations or consistent upward trends in DSO, as they may indicate potential issues with credit policies, customer payment behavior, or liquidity constraints.
4. While the data for some quarters is not available, the overall trend indicates a relatively stable DSO, which could be reflective of Avnet Inc's ongoing efforts to maintain healthy working capital management practices.
In summary, Avnet Inc's DSO has shown stability within a narrow range, indicating consistent collections and efficient management of receivables. Monitoring this metric over time can provide valuable insights into the company's liquidity position and overall financial health.
Peer comparison
Jun 30, 2024