NXP Semiconductors NV (NXPI)

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	Dec 31, 2018
Receivables turnover		14.85	14.02	12.42	—	13.76	—	—	—	11.99	—	—	—	11.26	—	—	—
DSO	days	24.58	26.03	29.39	—	26.54	—	—	—	30.45	—	—	—	32.42	—	—	—

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 14.85
= 24.58

The days of sales outstanding (DSO) for NXP Semiconductors NV have shown some fluctuations over the past eight quarters. In Q4 2023, the DSO decreased to 24.58 days from 26.03 days in the previous quarter, indicating that the company was able to collect its accounts receivable more efficiently. This improvement in DSO suggests better management of sales credit terms or an efficient accounts receivable collection process.

Comparing the DSO of Q4 2023 to the same quarter in the previous year, there was a slight decrease from 26.54 days to 24.58 days, which is a positive sign as it indicates faster collection of accounts receivable. Overall, the trend over the past two years shows a relatively stable DSO performance, with some fluctuations likely due to seasonal or operational factors.

It is important for NXP Semiconductors NV to continue monitoring its DSO closely to ensure efficient management of accounts receivable, timely collection of sales proceeds, and effective credit control practices. This can help the company maintain a healthy cash flow position and overall financial stability.