DexCom Inc (DXCM)
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 | ||
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Receivables turnover | 3.65 | 4.29 | 4.20 | 4.60 | 3.84 | 4.59 | 4.25 | 4.55 | 4.54 | 4.17 | 4.26 | 4.32 | 4.26 | 4.74 | 5.60 | 5.17 | 4.98 | 5.54 | 5.46 | 5.42 | |
DSO | days | 100.03 | 85.13 | 86.85 | 79.34 | 95.03 | 79.53 | 85.93 | 80.20 | 80.44 | 87.52 | 85.74 | 84.54 | 85.75 | 76.97 | 65.20 | 70.58 | 73.24 | 65.85 | 66.79 | 67.40 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.65
= 100.03
Dexcom Inc's days of sales outstanding (DSO) have shown fluctuations over the past quarters. In Q4 2023, the DSO was 99.51 days, which increased compared to the previous quarter's 84.57 days. This indicates that it took Dexcom Inc longer to collect its accounts receivable in the most recent quarter. However, the DSO in Q4 2023 was still lower than the DSO in Q4 2022, which was 94.35 days.
Overall, Dexcom Inc's DSO has generally been hovering around the 80-90 day range in the past several quarters, indicating that the company typically takes around 80-90 days to collect its accounts receivable. It is important for Dexcom Inc to actively manage its DSO to ensure timely collection of receivables and maintain healthy cash flows.
Peer comparison
Dec 31, 2023
See also:
DexCom Inc Average Receivable Collection Period (Quarterly Data)