Cadence Design Systems Inc (CDNS)

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
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
DSO	days	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

DSO (Days Sales Outstanding) is a financial ratio that measures how efficiently a company is able to collect outstanding accounts receivable from its customers. A lower DSO indicates that a company is collecting payments from customers more quickly, while a higher DSO suggests that a company may be facing challenges with collecting payments in a timely manner.

In the case of Cadence Design Systems Inc, the provided data shows that the DSO figures are not available for the periods listed. Without specific DSO values, it is difficult to analyze the trend or efficiency of the company in collecting payments from customers over time.

However, based on general industry standards, a consistently low or decreasing DSO would typically be viewed positively as it indicates efficient accounts receivable management and timely collection efforts. On the other hand, a high or increasing DSO could signal potential liquidity issues or inefficiencies in credit and collection practices.

To provide a more in-depth analysis of Cadence Design Systems Inc's DSO, it would be necessary to obtain specific DSO figures for the periods listed or additional financial data to assess the company's performance in managing its accounts receivable effectively.