Lumentum Holdings Inc (LITE)
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 | 468.55 | 278.20 | 195.58 | 193.52 | 259.66 | — | 334.75 | — | 421.92 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 0.78 | 1.31 | 1.87 | 1.89 | 1.41 | — | 1.09 | — | 0.87 | — | — | — | — | — | — | — | — | — | — | — |
June 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 468.55
= 0.78
The Days of Sales Outstanding (DSO) for Lumentum Holdings Inc has varied over the past quarters, indicating different efficiency levels in collecting accounts receivable. The DSO has ranged from as low as 0.78 days to a high of 1.89 days. A lower DSO suggests that the company is collecting payments from customers more quickly, while a higher DSO may indicate possible issues with collecting receivables promptly. It is worth noting that there are quarters with missing data, which may suggest inconsistencies in the reporting or changes in the company's operations. Overall, monitoring the trend of DSO over time can provide valuable insights into the company's receivables management efficiency.
Peer comparison
Jun 30, 2024