Corsair Gaming Inc (CRSR)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Receivables turnover | 5.76 | 5.84 | 6.54 | 5.80 | |
| DSO | days | 63.32 | 62.55 | 55.84 | 62.96 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.76
= 63.32
Corsair Gaming Inc's Days of Sales Outstanding (DSO) has shown fluctuations over the last five years. In 2023, the DSO stood at 63.32 days, slightly up from the previous year's 62.55 days. The company experienced an increase in the DSO in 2020 compared to 2021, but it remained relatively consistent in 2022 and 2023.
A lower DSO indicates that the company is collecting payments from its customers more quickly, which can be a positive sign of efficient accounts receivable management. On the other hand, a higher DSO may suggest potential issues with collections or extending credit terms to customers, which could impact the company's cash flow and liquidity.
Overall, Corsair Gaming Inc should monitor its DSO trend closely to ensure timely collections and effective accounts receivable management, which are crucial for maintaining healthy cash flows and financial stability.
Peer comparison
Dec 31, 2023