Littelfuse Inc (LFUS)
Days of sales outstanding (DSO)
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 8.08 | 7.38 | 7.26 | — | 8.03 | — | — | — | 7.43 | 5.85 | 5.64 | 5.61 | 6.18 | 5.94 | 7.19 | 6.85 | 7.32 | 6.83 | 6.62 | 7.06 | |
| DSO | days | 45.19 | 49.43 | 50.29 | — | 45.43 | — | — | — | 49.14 | 62.40 | 64.75 | 65.02 | 59.04 | 61.48 | 50.78 | 53.29 | 49.85 | 53.47 | 55.15 | 51.67 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.08
= 45.19
The Days Sales Outstanding (DSO) metric for Littelfuse Inc has shown some fluctuations over the past few quarters. The DSO for the most recent period ending December 31, 2023, was 45.19 days, indicating that on average, it took the company about 45 days to collect payments from its customers. This figure has improved from the previous quarter's DSO of 49.43 days, suggesting that the company has been able to collect payments more efficiently.
Looking back at historical data, there were some fluctuations in DSO over the past several quarters, with peaks observed in the third quarter of 2021 (64.75 days) and the second quarter of 2021 (65.02 days). These elevated DSO figures may indicate that the company faced challenges in collecting payments during those periods.
Overall, a downward trend in DSO is generally considered favorable, as it signifies that the company is collecting payments more promptly and efficiently. It is important for Littelfuse Inc to continue monitoring and managing its DSO to ensure healthy cash flow and efficient working capital management.
Peer comparison
Dec 31, 2023