Qorvo Inc (QRVO)

Days of sales outstanding (DSO)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Receivables turnover		8.82	10.78	7.73	8.78	8.69
DSO	days	41.38	33.85	47.22	41.58	41.98

March 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.82
= 41.38

To analyze Qorvo Inc's days of sales outstanding (DSO) over the past five years, we observe a fluctuating trend in the DSO metric.

In March 2024, the DSO stood at 41.38 days, showing an increase from the previous year's 33.85 days in March 2023. This suggests that Qorvo Inc took longer to collect its accounts receivable in 2024 compared to 2023, indicating a potential inefficiency in managing its receivables.

Looking further back, the DSO was 47.22 days in March 2022, 41.58 days in March 2021, and 41.98 days in March 2020. This indicates a mix of fluctuations in the efficiency of the company's accounts receivable management over the years.

Overall, it is crucial for Qorvo Inc to closely monitor and optimize its accounts receivable collection process to maintain a healthy cash flow and improve its overall financial performance.