MaxLinear Inc (MXL)

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		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	6.29	5.94	6.00	6.02
DSO	days	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	58.01	61.42	60.82	60.67

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.06
= 89.83

To analyze MaxLinear Inc's days of sales outstanding (DSO), we can see a fluctuating trend in the DSO over the past eight quarters. The DSO was 55.71 days at the end of December 2022 and increased to 89.83 days by the end of December 2023, indicating that the company took longer to collect its accounts receivable. This increase in DSO can suggest potential issues with the company's credit policies, collection procedures, or the creditworthiness of its customers.

However, it's worth noting that the DSO decreased in the following quarters, reaching a low of 48.45 days at the end of March 2022. This may indicate improved collection efficiency or changes in the company's customer base.

It would be important to further investigate the reasons behind these fluctuations and assess the company's overall credit and collection management strategies to understand the impact of the DSO on the company's financial performance and cash flow. Additionally, comparing the DSO with industry benchmarks and competitors' performances could provide valuable insights into MaxLinear Inc's efficiency in collecting its accounts receivable.