Entegris Inc (ENTG)
Days of sales outstanding (DSO)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | 6.54 | 6.37 | 7.18 | 7.94 | 7.71 | 7.90 | 8.63 | — | 6.13 | — | — | — | 6.62 | — | — | — | — | — | — | — | |
DSO | days | 55.78 | 57.33 | 50.80 | 45.94 | 47.34 | 46.21 | 42.28 | — | 59.55 | — | — | — | 55.16 | — | — | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.54
= 55.78
Based on the data provided, Entegris Inc's Days Sales Outstanding (DSO) has shown varying trends over the reporting periods. DSO measures how long it takes for a company to collect on its sales.
- For the period ending December 31, 2021, the DSO was 55.16 days, indicating that on average, it took about 55 days for Entegris Inc to collect its accounts receivable.
- Subsequently, as of March 31, 2024, the DSO decreased to 45.94 days, suggesting an improvement in the company's ability to collect on sales more promptly.
- However, by September 30, 2024, the DSO increased to 57.33 days, and by December 31, 2024, it stood at 55.78 days, showing a slight deterioration in collections efficiency during those periods.
Overall, the trend in DSO for Entegris Inc shows some fluctuations but with no clear consistent pattern. It would be important for the company to keep monitoring its DSO to ensure efficient management of accounts receivable and timely collection of sales revenue.
Peer comparison
Dec 31, 2024