Coherent Inc (COHR)

The analysis of Coherent Inc's days of sales outstanding (DSO) over the provided periods indicates fluctuations within a relatively narrow range, reflecting the company's collection efficiency and credit policies.

As of September 30, 2022, the DSO stood at approximately 77.07 days, suggesting a longer duration for accounts receivable to be collected. This level of DSO may imply a more extended credit period extended to customers or potentially slower collection processes at that time.

By June 30, 2023, the DSO decreased significantly to approximately 63.77 days, representing an improvement in the company's receivables collection cycle. This reduction could result from tighter credit policies, improved collection efforts, or changes in customer payment behaviors.

The trend continued into September 30, 2023, with the DSO slightly increasing to approximately 65.77 days. This marginal rise could reflect minor delays in receivables collection or seasonal factors impacting cash conversion.

By June 30, 2024, the DSO remained stable around 65.79 days, indicating a period of relative consistency in receivables management.

Looking forward to June 30, 2025, the DSO decreased further to approximately 60.57 days, potentially signifying ongoing improvements in receivables collection efficiency or changes in the company's credit policy that favor quicker cash conversion.

Overall, the trend in DSO illustrates a movement toward more efficient accounts receivable turnover over the analyzed period, with the DSO approaching a lower and potentially more optimal level of around 60 days. This progression suggests enhanced cash flow management and possibly stronger credit control practices adopted by Coherent Inc.

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Jun 30, 2025