Entegris Inc (ENTG)

Days of sales outstanding (DSO)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Receivables turnover 6.54 7.71 6.13 6.62 7.03
DSO days 55.78 47.34 59.55 55.16 51.90

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.54
= 55.78

The days of sales outstanding (DSO) for Entegris Inc have shown some volatility over the past five years. In December 2020, the DSO stood at 51.90 days, indicating that, on average, the company took around 51.90 days to collect its accounts receivable.

By December 2021, the DSO had increased to 55.16 days, suggesting that the company took slightly longer to collect payments from its customers. This trend continued in December 2022, with the DSO reaching 59.55 days, indicating a further delay in collecting receivables.

However, in December 2023, the DSO decreased to 47.34 days, showing an improvement in the company's accounts receivable collection process. This reduction in DSO could indicate more efficient credit and collection practices or a change in customer payment behavior.

By December 2024, the DSO had increased again to 55.78 days, slightly higher than the previous year but still lower than the peak in 2022. Overall, Entegris Inc should monitor its DSO closely to ensure efficient management of its accounts receivable and timely collection of payments from customers.