Nextracker Inc. Class A Common Stock (NXT)

Days of sales outstanding (DSO)

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Receivables turnover		6.26	3.21	3.34	3.16	4.46
DSO	days	58.28	113.86	109.21	115.37	81.88

March 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.26
= 58.28

The Days of Sales Outstanding (DSO) for Nextracker Inc.'s Class A Common Stock has fluctuated over the past five years. In March 2021, the DSO was 81.88 days, indicating that on average, it took the company approximately 81.88 days to collect on its sales. This figure increased to 115.37 days by March 2022, suggesting a potential delay in collecting receivables.

However, by March 2023, the DSO decreased to 109.21 days, showing an improvement in the collection period. Subsequently, in March 2024, the DSO rose slightly to 113.86 days, indicating a slight delay in receivables collection.

The most recent data point in March 2025 shows a significant improvement with a DSO of 58.28 days, which is notably lower compared to previous years. This reduction in DSO suggests that Nextracker Inc. has become more efficient in collecting payments from customers, potentially improving cash flow and working capital management.

Overall, the trend in DSO for Nextracker Inc. Class A Common Stock indicates fluctuations over the years, with improvements seen recently in the collection period, reflecting positively on the company's financial performance and management of accounts receivable.