DXC Technology Co (DXC)
Receivables turnover
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 13,667,000 | 14,430,000 | 16,265,000 | 17,729,000 | 19,577,000 |
| Receivables | US$ in thousands | 3,253,000 | 3,441,000 | 3,854,000 | 4,156,000 | 4,392,000 |
| Receivables turnover | 4.20 | 4.19 | 4.22 | 4.27 | 4.46 |
March 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $13,667,000K ÷ $3,253,000K
= 4.20
The receivables turnover ratio for DXC Technology Co has been relatively consistent over the past five years, ranging between 4.19 to 4.46 times. This indicates that, on average, the company collects its accounts receivable approximately 4 times within a given fiscal year. The stability of this ratio suggests that DXC Technology Co has been effective in managing its accounts receivable and efficiently converting credit sales into cash. However, a slight decrease in the ratio from 4.46 in 2020 to 4.20 in 2024 may warrant further investigation to ensure optimal receivables management practices are maintained.
Peer comparison
Mar 31, 2024