Concentrix Corporation (CNXC)
Days of sales outstanding (DSO)
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 28, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Days Sales Outstanding (DSO) is a key metric that indicates how efficiently a company is managing its accounts receivable. It measures the average number of days it takes for a company to collect its outstanding receivables.
Analyzing the DSO trend for Concentrix Corporation based on the provided data reveals fluctuations over the reported periods. As of February 28, 2025, the DSO stands at 77.06 days, which is a slight decrease compared to the preceding period.
The highest DSO value was observed on November 30, 2023, at 96.90 days, indicating a potential issue with the company's accounts receivable collection process during that period.
The lowest DSO value in the dataset was recorded on August 31, 2024, at 75.14 days, showcasing an improvement in the company's ability to collect receivables efficiently.
Overall, Concentrix Corporation's DSO fluctuated within a range of 75.14 to 96.90 days over the reported periods, suggesting varying effectiveness in managing its accounts receivable and collecting outstanding payments in a timely manner. It would be important for the company to closely monitor and potentially improve its accounts receivable management practices to ensure better cash flow and overall financial health.
Peer comparison
Feb 28, 2025