Revvity Inc. (RVTY)
Days of sales outstanding (DSO)
| 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 | Jul 5, 2020 | Apr 5, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.36 | 4.64 | 4.61 | 4.66 | 4.34 | 4.22 | 4.45 | — | 5.40 | — | — | — | 3.74 | — | — | — | — | — | — | — | |
| DSO | days | 83.77 | 78.70 | 79.18 | 78.31 | 84.08 | 86.44 | 82.07 | — | 67.54 | — | — | — | 97.62 | — | — | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.36
= 83.77
The Days Sales Outstanding (DSO) ratio for Revvity Inc. provides insight into the average number of days it takes for the company to collect payments from its customers.
In December 2021, the DSO was 97.62 days, indicating that Revvity Inc. took almost 3 months on average to collect receivables. This extended collection period could suggest potential challenges in managing accounts receivable or dealing with customers who delay payments.
By March 2023, the DSO decreased to 78.31 days, showing an improvement in the company's ability to collect payments more efficiently. This reduction could be a positive sign of enhanced credit control measures or a shift towards customers who pay promptly.
The DSO remained relatively stable around the 80-day mark from March 2023 to December 2024, indicating that Revvity Inc. maintained its efficiency in collecting receivables within this timeframe. However, it's noteworthy that the company didn't manage to significantly decrease the DSO further during this period, which could be an area for potential focus to optimize working capital management.
Peer comparison
Dec 31, 2024