KLA-Tencor Corporation (KLAC)
Days of sales outstanding (DSO)
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 5.34 | 5.68 | 5.05 | 6.02 | 5.80 | 5.34 | 4.50 | 5.21 | 4.99 | 5.26 | 4.67 | 5.06 | 5.30 | 5.36 | 4.98 | 5.76 | 5.23 | 5.01 | 4.43 | 4.58 | |
| DSO | days | 68.32 | 64.26 | 72.24 | 60.59 | 62.88 | 68.38 | 81.14 | 70.06 | 73.13 | 69.37 | 78.17 | 72.17 | 68.93 | 68.06 | 73.34 | 63.40 | 69.76 | 72.88 | 82.44 | 79.73 |
June 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.34
= 68.32
Days of Sales Outstanding (DSO) is a key metric that indicates the average number of days it takes for a company to collect payments from its customers after making a sale. A lower DSO suggests quicker collections, while a higher DSO indicates slower collections.
Analyzing the DSO trend of KLA-Tencor Corporation over the past several quarters, we observe fluctuations in the metric. The DSO for the most recent quarter, as of June 30, 2024, stands at 68.32 days, which is slightly higher compared to the previous quarter at 64.26 days. This increase may signal a potential delay in collecting receivables.
Looking back further, the DSO has shown some volatility, ranging from a low of 60.59 days to a high of 81.14 days in the last eight quarters. The trend indicates that the company's collections efficiency has varied over time, impacting its cash flow and liquidity position.
It is important for KLA-Tencor to closely monitor its DSO and work towards improving collections processes to reduce the average number of days it takes to collect receivables. By effectively managing its DSO, the company can enhance its working capital management and overall financial health.
Peer comparison
Jun 30, 2024
See also:
KLA-Tencor Corporation Average Receivable Collection Period (Quarterly Data)