MaxLinear Inc (MXL)
Days of sales outstanding (DSO)
Dec 31, 2024 | Sep 30, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | 4.22 | 8.21 | 5.28 | 4.28 | 4.06 | 5.43 | 6.47 | 5.85 | 6.55 | 6.05 | 7.45 | 7.53 | 7.45 | 7.85 | 5.66 | 7.15 | 7.10 | 3.36 | 6.69 | 6.58 | |
DSO | days | 86.52 | 44.43 | 69.18 | 85.31 | 89.83 | 67.27 | 56.39 | 62.35 | 55.71 | 60.32 | 48.97 | 48.45 | 48.97 | 46.48 | 64.47 | 51.04 | 51.43 | 108.66 | 54.54 | 55.51 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.22
= 86.52
MaxLinear Inc's Days Sales Outstanding (DSO) is a measure of how long it takes the company to collect revenue after making a sale. A lower DSO indicates that the company is able to collect payments from customers more quickly, which is generally preferable as it improves cash flow.
Analyzing the DSO trend of MaxLinear Inc over the provided quarters, we observe fluctuations in the values. The DSO was relatively stable around 50-60 days from March 2020 to March 2022. However, there was a noticeable spike in DSO in September 2020, reaching 108.66 days, which could indicate a delay in collecting payments during that period.
Thereafter, the DSO improved, dropping back to the 50-day range in the subsequent quarters. This downward trend continued until September 2021 when the DSO hit a low of 46.48 days, reflecting an efficient collection process.
In the following quarters, the DSO saw some fluctuations but generally remained in the 40-60 day range, suggesting continued effectiveness in collecting sales revenue. Notably, there was a slight increase in DSO in December 2023 and December 2024, possibly indicating extended payment collection periods during those periods.
In conclusion, while there have been fluctuations in MaxLinear Inc's DSO over the quarters analyzed, the company has generally maintained a reasonable collection period for its sales, with the DSO hovering around 50-60 days for the most part. Business stakeholders should monitor the DSO metric to ensure efficient cash flow management and timely revenue collection.
Peer comparison
Dec 31, 2024