NetApp Inc (NTAP)
Days of sales outstanding (DSO)
| Apr 30, 2025 | Apr 30, 2024 | Apr 26, 2024 | Apr 30, 2023 | Apr 28, 2023 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 5.27 | 6.22 | 6.16 | 6.45 | 6.38 | |
| DSO | days | 69.20 | 58.64 | 59.24 | 56.63 | 57.23 |
April 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.27
= 69.20
The days of sales outstanding (DSO) for NetApp Inc have shown a fluctuating trend over the past few years. In April 2023 and April 2024, the DSO figures were fairly stable at around 57-59 days. However, there was a notable increase in April 2025, with DSO climbing to 69.20 days.
This rise in DSO indicates that NetApp Inc took longer to collect its accounts receivable in April 2025 compared to the previous years. A higher DSO could suggest potential issues with the company's credit policies, collection efficiency, or customer payment delays.
It is essential for NetApp Inc to closely monitor and manage its DSO to ensure efficient cash flow management and timely receipt of payments. Analyzing the reasons behind the increase in DSO and implementing strategies to improve receivables collection could help optimize the company's financial performance in the future.
Peer comparison
Apr 30, 2025