NetApp Inc (NTAP)
Days of sales outstanding (DSO)
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 26, 2024 | Jan 31, 2024 | Jan 26, 2024 | Oct 31, 2023 | Oct 27, 2023 | Jul 31, 2023 | Jul 28, 2023 | Apr 30, 2023 | Apr 28, 2023 | Jan 31, 2023 | Jan 27, 2023 | Oct 31, 2022 | Oct 28, 2022 | Jul 31, 2022 | Jul 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 5.27 | 7.25 | 7.47 | 9.52 | 6.47 | 6.36 | 8.01 | 7.79 | 7.57 | 7.59 | 9.18 | 9.32 | 6.26 | 6.35 | 7.73 | 7.81 | 7.12 | 7.14 | 7.53 | 7.55 | |
| DSO | days | 69.20 | 50.37 | 48.89 | 38.33 | 56.43 | 57.35 | 45.57 | 46.86 | 48.22 | 48.07 | 39.76 | 39.15 | 58.27 | 57.51 | 47.23 | 46.74 | 51.30 | 51.15 | 48.50 | 48.34 |
April 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.27
= 69.20
Days Sales Outstanding (DSO) is a key metric used to measure the average number of days a company takes to collect revenue after a sale is made. For NetApp Inc, the DSO has fluctuated over the periods provided.
From July 2022 to April 2023, the DSO ranged between 46.74 days to 58.27 days before experiencing a significant improvement to 39.15 days by July 2023 and maintaining at a similar level in October 2023.
The decreasing trend continued as the DSO dropped to 38.33 days by July 2024, indicating more efficient collections processes. However, by April 2025, there was a notable increase to 69.20 days, suggesting potential issues with revenue collection efficiency.
Overall, NetApp Inc has shown variability in its DSO over the periods analyzed, with periods of improvement followed by fluctuations. Further analysis of the company's credit policies, customer payment trends, and overall cash flow management may provide more insights into the factors driving these fluctuations in DSO.
Peer comparison
Apr 30, 2025