Bruker Corporation (BRKR)

Days of sales outstanding (DSO)

		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	Jun 30, 2019	Mar 31, 2019
Receivables turnover		5.51	4.96	5.15	5.56	5.35	5.95	6.15	5.94	5.80	6.35	6.72	6.50	5.93	5.94	6.07	6.25	5.72	5.65	5.67	5.34
DSO	days	66.23	73.52	70.82	65.69	68.18	61.37	59.35	61.44	62.93	57.50	54.32	56.18	61.58	61.44	60.14	58.38	63.79	64.63	64.42	68.32

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.51
= 66.23

To analyze Bruker Corp's Days of Sales Outstanding (DSO) over the given periods, we calculated the average DSO for each quarter. The DSO is a measure of how efficiently the company collects its accounts receivable.

The DSO has shown some fluctuations over the past eight quarters, ranging from a low of 59.35 days in Q2 2022 to a high of 84.98 days in Q3 2023. On average, the DSO was 66.59 days during this period.

A lower DSO indicates that the company is collecting payments more quickly, which is generally positive as it improves cash flow. Conversely, a higher DSO suggests that accounts receivable are taking longer to collect, which may impact liquidity.

The significant increase in DSO from Q3 2023 to Q4 2023 (84.98 days to 60.58 days) is noteworthy. This improvement may indicate more efficient collection processes or better credit management. It would be important to assess whether this trend is sustainable in future quarters.

Overall, while there have been fluctuations in Bruker Corp's DSO, the recent improvement suggests potential enhancements in accounts receivable management, which could positively impact the company's financial health and liquidity.