Corsair Gaming Inc (CRSR)
Days of sales outstanding (DSO)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 5.76 | 5.74 | 6.31 | 6.10 | 5.84 | 9.51 | 9.20 | 7.42 | 6.54 | 7.72 | 7.79 | ||||
| DSO | days | 63.32 | 63.58 | 57.83 | 59.82 | 62.55 | 38.37 | 39.69 | 49.17 | 55.84 | 47.25 | 46.86 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.76
= 63.32
Based on the data provided for Corsair Gaming Inc's days of sales outstanding (DSO) over the past eight quarters, we can observe some trends. DSO measures the average number of days it takes for the company to collect payment after making a sale.
From Q1 2022 to Q2 2023, Corsair Gaming Inc's DSO fluctuated within a range of 38.37 days to 63.58 days, indicating variations in the company's accounts receivable collection efficiency. The DSO increased from 38.37 days in Q3 2022 to a peak of 63.58 days in Q3 2023 before slightly declining in Q4 2023.
The increase in DSO could suggest potential challenges in collecting payments from customers or extending credit terms, which may impact the company's cash flow and liquidity. However, a decrease in DSO from Q3 2023 to Q4 2023 may indicate improvements in accounts receivable management or more efficient collection practices.
It is essential for Corsair Gaming Inc to monitor its DSO closely and implement strategies to optimize accounts receivable collection processes to maintain healthy cash flow and financial performance.
Peer comparison
Dec 31, 2023