Masimo Corporation (MASI)
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 | 5.33 | 5.55 | 5.90 | — | 107.96 | — | — | — | 6.10 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 68.49 | 65.74 | 61.88 | — | 3.38 | — | — | — | 59.85 | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.33
= 68.49
The Days Sales Outstanding (DSO) for Masimo Corporation has shown variability over the past few quarters. The DSO for Dec 2023 was 68.49 days, increasing from 65.74 days in Sep 2023 and 61.88 days in Jun 2023. The DSO data for Mar 2023 is not available. In comparison, the DSO was significantly lower at 3.38 days in Dec 2022.
The increasing trend in DSO from Jun 2023 to Dec 2023 may indicate that Masimo Corporation is taking longer to collect its accounts receivable, potentially facing challenges in managing its credit policies or collection processes. It is essential for the company to monitor and address this trend to ensure efficient cash flow management and timely receipt of funds from customers to support its operations and growth. Further analysis and investigation into the reasons behind the DSO fluctuations would be beneficial for improving the company's financial performance and liquidity position.
Peer comparison
Dec 31, 2023