Qorvo Inc (QRVO)
Days of sales outstanding (DSO)
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 9.62 | 8.64 | 6.65 | 9.10 | 8.82 | 6.73 | 5.04 | 10.34 | 11.72 | 11.16 | 6.93 | 8.54 | 7.73 | 7.07 | 6.84 | 8.75 | 8.78 | 7.36 | 7.02 | 9.97 | |
| DSO | days | 37.95 | 42.25 | 54.89 | 40.10 | 41.38 | 54.27 | 72.36 | 35.28 | 31.14 | 32.71 | 52.64 | 42.75 | 47.22 | 51.65 | 53.37 | 41.70 | 41.58 | 49.62 | 51.96 | 36.60 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.62
= 37.95
Based on the data provided, Qorvo Inc's Days Sales Outstanding (DSO) has shown fluctuations over the periods analyzed. DSO indicates the average number of days it takes for Qorvo to collect revenue after making a sale.
Qorvo's DSO ranged from a low of 31.14 days on March 31, 2023, to a high of 72.36 days on September 30, 2023, suggesting variability in the company's collections efficiency. A lower DSO indicates that Qorvo is collecting payments quicker, which could be beneficial for its cash flow and liquidity.
Overall, managing DSO effectively is crucial for Qorvo to optimize its working capital management and maintain a healthy cash conversion cycle. The company may need to focus on improving its credit and collection practices to reduce DSO and enhance its financial performance.
Peer comparison
Mar 31, 2025