Dynavax Technologies Corporation (DVAX)
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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
To analyze Dynavax Technologies Corp.'s Days of Sales Outstanding (DSO) trend, we need to understand that DSO measures the average number of days it takes a company to collect revenue after a sale is made. A lower DSO indicates faster collection of receivables and better cash flow management.
Looking at the data provided, we observe fluctuations in DSO over the quarters. In Q1 2022, the DSO was relatively high at 106.32 days, suggesting a slower collection of receivables. Subsequently, there was a significant improvement in Q2 2022 with DSO decreasing to 94.39 days, albeit still on the higher side.
The trend continued in Q3 2022, where DSO decreased further to 65.27 days, indicating improved efficiency in collecting revenue. However, in Q4 2022, there was a reversal as the DSO increased to 74.50 days, signaling a potential slowdown in collections.
Moving into 2023, there was a notable improvement in Q2 with DSO dropping to 36.03 days, reflecting efficient receivables management. The positive trend continued into Q3 2023, with DSO decreasing further to 47.36 days, demonstrating continued effectiveness in collecting revenue.
In Q4 2023, the DSO increased to 69.98 days, which could raise concerns about potential difficulties in collecting receivables compared to the previous quarter. Overall, Dynavax Technologies Corp. has shown mixed performance in managing its DSO, with fluctuations indicating varying efficiency in collecting revenue over the quarters. Monitoring DSO trends can help assess the company's effectiveness in managing its accounts receivable and cash flow.
Peer comparison
Dec 31, 2023