Qorvo Inc (QRVO)

Days of sales outstanding (DSO)

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Receivables turnover		9.62	8.82	11.72	8.17	8.78
DSO	days	37.95	41.38	31.14	44.69	41.58

March 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.62
= 37.95

Qorvo Inc's Days Sales Outstanding (DSO) has shown fluctuating trends over the past five years. As of March 31, 2021, the DSO stood at 41.58 days, indicating that on average, it took the company approximately 41.58 days to collect revenue from its sales.

By March 31, 2022, the DSO increased to 44.69 days, suggesting a slight delay in collecting payments from customers compared to the previous year. However, in the following year ending March 31, 2023, Qorvo managed to reduce its DSO significantly to 31.14 days, indicating a more efficient collection process and potentially improved liquidity management.

Subsequently, by March 31, 2024, the DSO increased again to 41.38 days, although it remained relatively close to the 2021 level. As of March 31, 2025, the DSO decreased to 37.95 days, showing a further improvement in the company's ability to convert sales into cash within a shorter timeframe.

Overall, while Qorvo Inc experienced fluctuations in its DSO over the period analyzed, the general trend indicates efforts to manage receivables efficiently and optimize cash flow by speeding up the collection process.