Lattice Semiconductor Corporation (LSCC)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 7.08 | 6.98 | 6.42 | 6.26 | 6.01 | |
| DSO | days | 51.54 | 52.30 | 56.87 | 58.29 | 60.74 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.08
= 51.54
Lattice Semiconductor Corporation's Days of Sales Outstanding (DSO) has shown a decreasing trend over the past five years. In 2023, the DSO was 51.54 days, improving from 52.30 days in 2022, 56.87 days in 2021, 58.29 days in 2020, and 60.74 days in 2019. This declining trend indicates that the company has been more efficient in collecting its accounts receivable, converting sales into cash faster. A lower DSO implies that the company is managing its accounts receivable effectively, which could positively impact its cash flow and liquidity position. Further analysis would be beneficial to understand the drivers behind this improvement and assess the company's overall working capital management.
Peer comparison
Dec 31, 2023