Hewlett Packard Enterprise Co (HPE)
Days of sales outstanding (DSO)
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.06 | 3.84 | 3.78 | 3.79 | 4.15 | 4.14 | 3.99 | 3.70 | 6.95 | 4.01 | 4.12 | 3.85 | 6.98 | 3.89 | 4.06 | 3.94 | 7.97 | 4.06 | 4.39 | 4.42 | |
| DSO | days | 89.90 | 95.11 | 96.51 | 96.32 | 88.00 | 88.20 | 91.57 | 98.60 | 52.53 | 90.98 | 88.58 | 94.77 | 52.27 | 93.91 | 89.82 | 92.60 | 45.80 | 89.98 | 83.15 | 82.58 |
October 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.06
= 89.90
The Days Sales Outstanding (DSO) metric for Hewlett Packard Enterprise Co fluctuated over the past 20 quarters. The DSO indicates the average number of days it takes for the company to collect payments from its customers.
The DSO ranged from a low of 45.80 days in January 2020 to a high of 98.60 days in January 2023. A lower DSO suggests that the company is efficient in collecting payments, while a higher DSO may indicate potential issues with accounts receivable management.
In recent quarters, there appears to be a trend of decreasing DSO, with values below 100 days. This trend suggests an improvement in the company's accounts receivable management and cash flow efficiency.
Overall, analyzing the DSO trend can provide insights into the company's credit policies, collection procedures, and overall financial health. It's important for Hewlett Packard Enterprise Co to continue monitoring and managing its DSO to ensure optimal working capital management.
Peer comparison
Oct 31, 2024
See also:
Hewlett Packard Enterprise Co Average Receivable Collection Period (Quarterly Data)