Impinj Inc (PI)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 6.42 | 5.33 | 5.75 | 4.95 | 5.51 | 6.38 | 5.31 | 4.71 | 5.10 | 5.68 | 5.20 | 5.11 | 5.35 | 6.40 | 5.98 | 5.68 | 5.42 | 7.97 | 9.99 | 5.93 | |
| DSO | days | 56.82 | 68.53 | 63.49 | 73.78 | 66.19 | 57.24 | 68.76 | 77.49 | 71.60 | 64.24 | 70.20 | 71.46 | 68.23 | 57.03 | 61.07 | 64.20 | 67.40 | 45.77 | 36.53 | 61.57 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.42
= 56.82
The days of sales outstanding (DSO) is a measure of how long it takes a company to collect payments from its customers after making a sale. A lower DSO indicates that a company is collecting payments more quickly, which is generally favorable as it improves cash flow and liquidity.
Based on the data provided for Impinj Inc, we can see fluctuations in the DSO over the analyzed periods. The DSO figures ranged from a low of 36.53 days in June 30, 2020, to a high of 77.49 days in March 31, 2023. It is important to note that a spike in the DSO could indicate issues with accounts receivable management or potential credit risks associated with customers.
Overall, a trend analysis of the DSO for Impinj Inc would be beneficial to understand the company's performance in managing its accounts receivable and cash flow. Companies should strive to maintain an optimal balance in DSO to ensure timely collections while also maintaining good customer relationships.
Peer comparison
Dec 31, 2024