Avnet Inc (AVT)
Days of sales outstanding (DSO)
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 5.13 | 5.41 | 5.09 | 5.03 | 5.41 | 5.74 | 5.68 | 5.58 | 5.57 | 5.64 | 5.50 | 5.55 | 5.65 | 5.56 | 5.30 | 5.48 | 5.46 | 5.49 | 5.75 | 5.98 | |
| DSO | days | 71.15 | 67.50 | 71.78 | 72.54 | 67.47 | 63.64 | 64.26 | 65.39 | 65.52 | 64.69 | 66.40 | 65.78 | 64.58 | 65.62 | 68.93 | 66.58 | 66.82 | 66.52 | 63.46 | 61.04 |
June 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.13
= 71.15
The analysis of Avnet Inc.'s days of sales outstanding (DSO) from September 2020 through June 2025 reveals several noteworthy trends. Initially, the DSO remained relatively stable around the low 60s, with values ranging from approximately 61.04 days in September 2020 to a peak of 68.93 days in December 2021. During this period, there was a gradual upward movement, indicating a slow deterioration in receivables collection efficiency.
From March 2022 onward, a modest decline in DSO was observed, reaching a low of approximately 63.64 days in March 2024. This suggests an improvement in collection practices or a shift in customer payment behaviors during this timeframe. However, post-March 2024, there was a notable increase in DSO, reaching as high as 72.54 days in September 2024, indicating a potential loosening of credit terms or delays in receivables collection. Subsequent months saw slight fluctuations, with DSO settling around 67.50 to 71.15 days through June 2025.
Overall, the DSO trend indicates periods of stability with occasional increases, particularly in late 2024, which could be attributable to changes in customer credit policies, economic conditions, or collection efficiency. The longer durations, especially approaching approximately 72 days, highlight ongoing challenges in receivables management, though the values remain within a moderate range typical for companies in the distribution sector. Continuous monitoring of these trends is essential to identify any emerging issues that could impact cash flow or working capital management.
Peer comparison
Jun 30, 2025