Motorola Solutions Inc (MSI)

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		5.67	5.78	6.24	—	5.79	—	—	—	5.65	—	—	—	—	—	—	—	—	—	—	—
DSO	days	64.34	63.16	58.49	—	63.01	—	—	—	64.62	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.67
= 64.34

Motorola Solutions Inc's Days of Sales Outstanding (DSO) has shown a fluctuating trend over the past eight quarters. In Q1 2022, DSO was at its lowest point at 50.68 days, indicating efficient collections from customers. However, there was a gradual increase in DSO in subsequent quarters until Q4 2022 where it reached 62.69 days.

In the first three quarters of 2023, the DSO continued to increase, peaking at 64.02 days in Q4 2023. This suggests that Motorola Solutions Inc is taking longer to collect payments from customers, which may impact their cash flow and liquidity position.

Overall, the increasing trend in DSO over the past quarters indicates a potential concern in the company's accounts receivable management and efficiency in collecting payments from customers. Further analysis and monitoring of DSO will be crucial to ascertain the effectiveness of Motorola Solutions Inc's credit and collection policies.