Kulicke and Soffa Industries Inc (KLIC)
Days of sales outstanding (DSO)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 3.64 | 3.63 | 3.78 | 4.00 | 4.68 | 4.17 | — | 6.08 | 4.86 | — | — | — | 3.60 | — | — | — | — | — | — | — | |
| DSO | days | 100.22 | 100.54 | 96.55 | 91.27 | 77.97 | 87.49 | — | 59.99 | 75.09 | — | — | — | 101.30 | — | — | — | — | — | — | — |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.64
= 100.22
Kulicke and Soffa Industries Inc's Days Sales Outstanding (DSO) metric has shown fluctuations over the past quarters. DSO measures the average number of days a company takes to collect revenue after a sale is made.
In December 2022, the DSO was 59.99 days, indicating the company was efficient in collecting payment from customers. However, in September 2023, the DSO increased significantly to 77.97 days, suggesting a delay in receivables collection. This trend continued with DSO reaching 100.22 days in September 2024, reflecting a further delay in collecting revenue compared to previous periods.
The upward trend in DSO could signal potential issues with accounts receivable management or changes in customer payment behavior, which might impact the company's cash flow and working capital. It is important for Kulicke and Soffa Industries Inc to closely monitor and analyze DSO to ensure efficient working capital management and timely collection of receivables.
Peer comparison
Sep 30, 2024