Rambus Inc (RMBS)

Days of sales outstanding (DSO)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Receivables turnover		3.45	3.57	2.95	2.94	2.51	2.35	1.87	1.95	1.83	1.61	1.50	1.44	1.48	1.41	1.30	1.13	1.00	1.06	1.12	1.05
DSO	days	105.91	102.36	123.55	124.26	145.32	155.38	195.19	187.10	199.76	226.21	244.08	252.62	247.04	258.56	280.12	322.41	366.29	344.94	325.66	348.01

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.45
= 105.91

The days of sales outstanding (DSO) for Rambus Inc. have displayed fluctuations over the past eight quarters. In Q4 2023, the DSO stood at 105.91 days, showing a decrease from the previous quarter's 102.36 days. This suggests that the company was able to collect its accounts receivable more efficiently in Q4 2023.

Comparing the latest quarter to a year ago, there has been a significant improvement in DSO, as it dropped from 145.32 days in Q4 2022 to 105.91 days in Q4 2023. This reduction indicates that Rambus Inc. might have enhanced its credit control processes or improved its collections strategies over the year.

Looking at the trend over the past eight quarters, there was a notable peak in DSO in Q2 2022 at 195.19 days. Since then, there has been a general downward trend in DSO, reflecting potential efforts by the company to streamline its account receivables management.

Overall, the decreasing trend in days of sales outstanding for Rambus Inc. indicates an improvement in the company's ability to collect payments from its customers promptly. This could lead to better cash flow management and liquidity for the company in the long term.