Bruker Corporation (BRKR)
Days of sales outstanding (DSO)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
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Receivables turnover | 5.61 | 5.36 | 5.25 | 5.50 | 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 | |
DSO | days | 65.05 | 68.15 | 69.56 | 66.34 | 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 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.61
= 65.05
The Days of Sales Outstanding (DSO) for Bruker Corporation have shown some fluctuations over the past few years. The DSO measures how long it takes for a company to collect payments from its customers after making a sale.
From March 31, 2020, to December 31, 2021, Bruker Corporation's DSO remained relatively stable, ranging between approximately 54 to 62 days. A lower DSO indicates that the company is efficient in collecting payments from customers, while a higher DSO may suggest potential issues with accounts receivable management.
However, starting from March 31, 2022, the DSO began to increase, reaching a peak of 73.52 days on September 30, 2023. This increase may raise concerns about the company's ability to efficiently collect payments and manage its accounts receivable.
Subsequently, the DSO decreased slightly to 65.05 days by December 31, 2024. It's important for Bruker Corporation to monitor its DSO closely and implement strategies to improve collections efficiency, such as assessing credit policies, streamlining invoicing processes, and enhancing customer communication regarding payments.
Peer comparison
Dec 31, 2024