Dynavax Technologies Corporation (DVAX)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | |
| DSO | days | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) for Dynavax Technologies Corp. have shown fluctuations over the past five years. In 2023, the DSO was 69.98 days, indicating that on average, it takes approximately 70 days for the company to collect its accounts receivable. This represents an improvement from the previous year where the DSO was 74.50 days.
Looking back further, in 2021, the DSO was relatively high at 109.49 days, suggesting a longer collection period compared to more recent years. In 2020, the DSO was even higher at 177.68 days, signifying a significant delay in receiving payments from customers. However, in 2019, the DSO was 92.09 days, showing a slight improvement from the year 2021.
The trend in DSO indicates variability in the efficiency of Dynavax Technologies Corp.'s accounts receivable management. A lower DSO generally implies faster collection of cash from sales, which can enhance liquidity and overall financial health. It is important for the company to continue monitoring and managing its DSO effectively to optimize cash flow and strengthen its financial position.
Peer comparison
Dec 31, 2023