Cisco Systems Inc (CSCO)

Days of sales outstanding (DSO)

		Jul 31, 2025	Apr 30, 2025	Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Jul 27, 2024	Apr 30, 2024	Apr 27, 2024	Jan 31, 2024	Jan 27, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022
Receivables turnover		8.45	6.75	6.37	7.18	5.28	5.20	5.90	6.13	6.54	6.83	7.22	7.21	6.45	6.24	6.60	6.50	6.18	6.15	5.85	5.76
DSO	days	43.17	54.04	57.27	50.83	69.08	70.21	61.89	59.58	55.78	53.42	50.55	50.63	56.59	58.46	55.27	56.19	59.11	59.40	62.43	63.37

July 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.45
= 43.17

The analysis of Cisco Systems Inc.'s days of sales outstanding (DSO) over the specified periods reveals notable fluctuations indicative of the company's receivables management and customer payment behaviors. Starting from an elevated level of approximately 63.37 days in late October 2022, the DSO exhibited a declining trend, reaching a low of around 50.55 days by the end of October 2023. This decline suggests an improvement in the company's collection efficiency and potentially faster receivables turnover within that period.

Subsequent data points from early 2024 demonstrate some variability, with DSO increasing again to approximately 55.78 days in January, then rising further to nearly 61.89 days by late April. This uptick may imply some delays or extended credit terms impacting receivables collection during this period. However, the trend reverses notably in the subsequent quarters, where DSO decreases sharply to approximately 43.17 days in mid-2025, indicating an improvement in cash collection cycles.

Overall, the DSO for Cisco Systems Inc. has demonstrated an initial improvement in receivables collection efficiency from late 2022 to late 2023, followed by some fluctuations, and then a significant reduction in late 2024 to mid-2025. This pattern suggests ongoing adjustments in credit policies, customer payment terms, or operational efficiencies that influence receivables management strategies over time.