Gen Digital Inc. (GEN)

Days of sales outstanding (DSO)

		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	Dec 31, 2019	Sep 30, 2019	Jul 5, 2019
Receivables turnover		11.31	3.73	15.54	15.48	9.13	6.49	6.90	—	18.04	14.72	—	—	11.98	—	—	—	—	—	—	—
DSO	days	32.27	97.89	23.48	23.57	39.96	56.25	52.93	—	20.23	24.80	—	—	30.48	—	—	—	—	—	—	—

March 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 11.31
= 32.27

Gen Digital Inc.'s Days Sales Outstanding (DSO) fluctuated over the past few quarters, indicating variability in the company's ability to collect revenue from customers. For the most recent quarter ended March 31, 2024, the DSO stands at 32.27 days, reflecting an efficient collection process. However, in the preceding quarter, the DSO spiked to 97.89 days, indicating a significant delay in collecting outstanding receivables.

Looking back further, in the quarter ended September 30, 2023, the DSO was relatively low at 23.48 days, suggesting effective credit management practices. The trend continues with relatively consistent DSO levels for the quarters ended June 30, 2023, and March 31, 2023, at 23.57 days and 39.96 days, respectively.

In contrast, the DSO increased in the quarter ended December 31, 2022, to 56.25 days, signaling potential challenges in the collection process. Unfortunately, data for earlier quarters, particularly for June 30, 2022, September 30, 2022, and beyond are not available for comparison.

Overall, Gen Digital Inc. should focus on maintaining lower DSO figures to ensure efficient cash flow management and timely collection of accounts receivable. A consistent and proactive approach to monitoring and improving DSO can enhance the company's liquidity position and financial performance.