Incyte Corporation (INCY)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | |
| DSO | days | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Incyte Corp.'s Days Sales Outstanding (DSO) has shown some variability over the past five years. The trend indicates that the company's average collection period for receivables has been increasing since 2019. Specifically, the DSO was 73.44 days at the end of 2023, compared to 69.34 days in 2022 and 52.21 days in 2019.
This upward trend in DSO could suggest that Incyte Corp. is taking longer to collect payments from customers, which may raise concerns about liquidity and cash flow management. It is important for the company to closely monitor its accounts receivable process to ensure timely collections and efficient working capital management moving forward.
Peer comparison
Dec 31, 2023