Revvity Inc. (RVTY)
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 | Jul 5, 2020 | Apr 5, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.38 | 4.26 | 4.48 | — | 5.40 | — | — | — | 3.74 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 83.39 | 85.73 | 81.41 | — | 67.54 | — | — | — | 97.62 | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.38
= 83.39
The Days of Sales Outstanding (DSO) for Revvity Inc. have shown fluctuations over the quarters in the provided period. In Q4 2023, the DSO stood at 83.97 days, showing an improvement from the previous quarter where it was 108.64 days. This indicates that the company took fewer days to collect its accounts receivables in the most recent quarter. However, compared to Q1 2023 when DSO was 78.55 days, the current figure has increased.
Looking at a broader trend, there has been an overall increasing trend in DSO from Q1 2022 to Q4 2023, with some fluctuations occurring in between. This suggests that the company may be facing challenges in collecting its outstanding sales within a reasonable timeframe. It is important for Revvity Inc. to monitor and manage its accounts receivable effectively to ensure efficient cash flow and healthy liquidity position. Further analysis of customer payment patterns and credit policies may be needed to address any underlying issues contributing to the fluctuating DSO trend.
Peer comparison
Dec 31, 2023