NetApp Inc (NTAP)
Days of sales outstanding (DSO)
| 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 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | 6.36 | — | 7.79 | — | 7.59 | — | 9.32 | — | 6.35 | — | 7.81 | — | 7.14 | — | 7.55 | — | |
| DSO | days | — | — | — | — | 57.35 | — | 46.86 | — | 48.07 | — | 39.15 | — | 57.51 | — | 46.74 | — | 51.15 | — | 48.34 | — |
January 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The Days of Sales Outstanding (DSO) for NetApp Inc fluctuated over the available periods.
1. NetApp Inc's DSO as of July 29, 2022, was 48.34 days, indicating that on average, it took the company about 48 days to collect its accounts receivable.
2. In the subsequent months, the DSO improved to 46.74 days as of January 27, 2023, and further decreased to 39.15 days as of July 28, 2023. A lower DSO implies that the company is collecting its receivables more efficiently.
3. However, the DSO increased to 57.51 days as of April 28, 2023, and slightly decreased to 48.07 days as of October 27, 2023. This trend may indicate potential challenges in accounts receivable collection or changes in sales patterns.
4. Notably, the DSO was back to 46.86 days as of January 26, 2024, showing some improvement.
5. The DSO was 57.35 days as of April 26, 2024, suggesting a slight increase, and the data for subsequent periods is missing.
Overall, monitoring the DSO trends can provide insights into NetApp Inc's efficiency in managing its accounts receivable and liquidity position. A decreasing trend in DSO generally indicates improvements in collecting payments from customers, while an increasing trend may raise concerns about the company's liquidity and credit risk.
Peer comparison
Jan 31, 2025