Pure Storage Inc (PSTG)
Days of sales outstanding (DSO)
| Feb 4, 2024 | Nov 5, 2023 | Aug 6, 2023 | Feb 5, 2023 | Nov 6, 2022 | Aug 7, 2022 | May 8, 2022 | Feb 6, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.60 | 4.60 | 5.36 | 4.47 | — | — | — | 3.95 | 5.48 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 79.35 | 79.38 | 68.16 | 81.58 | — | — | — | 92.51 | 66.66 | — | — | — | — | — | — | — | — | — | — | — |
February 4, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.60
= 79.35
Based on the available data, Pure Storage Inc's Days Sales Outstanding (DSO) has shown variability over time. The DSO for the most recent period on Feb 4, 2024, was 79.35 days, which is comparable to the DSO of 79.38 days on Nov 5, 2023. The company's DSO on Aug 6, 2023, decreased to 68.16 days, indicating more efficient collection of accounts receivable.
However, looking further back, the DSO on Feb 5, 2023, was 81.58 days, which was higher compared to the recent periods. Notably, there are missing data points for Nov 6, 2022, and prior periods, which limits the ability to observe a trend. Additionally, the DSO was significantly higher at 92.51 days on Feb 6, 2022, suggesting potential challenges in collecting revenue from customers during that period.
The company's ability to efficiently collect receivables as reflected in the DSO metric is essential for managing cash flow and assessing credit policies. Further analysis would be needed to understand the underlying reasons for any fluctuations in DSO and to evaluate the effectiveness of Pure Storage Inc's accounts receivable management strategies.
Peer comparison
Feb 4, 2024