Revvity Inc. (RVTY)
Days of sales outstanding (DSO)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Receivables turnover | 4.36 | 4.35 | 5.40 | 3.74 | 3.27 | |
DSO | days | 83.75 | 83.97 | 67.54 | 97.62 | 111.46 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.36
= 83.75
The days of sales outstanding (DSO) for Revvity Inc. have shown fluctuations over the past five years. As of December 31, 2020, the DSO was 111.46 days, indicating that, on average, it took the company around 111 days to collect its accounts receivable. By December 31, 2021, the DSO decreased to 97.62 days, suggesting an improvement in the company's collection efficiency.
A significant reduction was observed by December 31, 2022, with the DSO dropping to 67.54 days, signaling a more rapid collection of accounts receivable. However, there was a slight increase in DSO by December 31, 2023, to 83.97 days, which may indicate a potential issue with collections efficiency.
By December 31, 2024, the DSO remained relatively stable at 83.75 days, indicating that the company was maintaining a moderate level of efficiency in collecting its receivables.
Overall, the trend in DSO for Revvity Inc. suggests improvements in accounts receivable management initially, followed by some fluctuation in later years. It would be advisable for the company to continue monitoring and managing its DSO to ensure timely collection of outstanding receivables and maintain healthy cash flow levels.
Peer comparison
Dec 31, 2024