MKS Instruments Inc (MKSI)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		5.41	4.69	6.61	5.86	5.46
DSO	days	67.51	77.82	55.25	62.30	66.84

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.41
= 67.51

The Days Sales Outstanding (DSO) metric for MKS Instruments Inc has exhibited fluctuations over the past five years. In 2023, the DSO stands at 67.51 days, showing an improvement from the previous year's 77.82 days. This reduction indicates that the company is collecting its accounts receivable more efficiently compared to the prior year. However, it is worth noting that the DSO in 2021 was lower at 55.25 days, suggesting even more efficient collection practices that year. The DSO in 2020 and 2019 were 62.30 days and 66.84 days, respectively, indicating a slight deterioration in accounts receivable collection performance from those years. Overall, the trend in DSO for MKS Instruments Inc reflects variability in the company's ability to manage its accounts receivable effectively over the past five years.