ScanSource Inc (SCSC)
Days of sales outstanding (DSO)
| Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.78 | 5.28 | 5.50 | 5.57 | 4.78 | 5.87 | 5.42 | 5.38 | 4.55 | 5.56 | 4.83 | 4.85 | 4.84 | 5.32 | 5.39 | 5.51 | 5.54 | 5.76 | 5.76 | 6.39 | |
| DSO | days | 76.28 | 69.07 | 66.33 | 65.53 | 76.42 | 62.21 | 67.32 | 67.86 | 80.30 | 65.69 | 75.61 | 75.19 | 75.43 | 68.55 | 67.74 | 66.19 | 65.91 | 63.36 | 63.41 | 57.15 |
June 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.78
= 76.28
The analysis of ScanSource Inc.'s Days of Sales Outstanding (DSO) over the period from September 2020 through June 2025 reveals notable fluctuations and overall trends in the company's accounts receivable collection efficiency.
Starting from a relatively low DSO of approximately 57.15 days in September 2020, the metric gradually increased over the subsequent periods, reaching a peak of approximately 80.30 days by June 2023. This upward trend indicates a lengthening in the time it takes for the company to collect receivables, which could potentially signal increasing credit extension to customers, weaker collection efforts, or changes in the customer payment profile.
Between June 2023 and September 2023, the DSO decreased to approximately 67.86 days, reflecting an improvement in collections. This downward adjustment persisted into December 2023 with a DSO of roughly 67.32 days, which suggests a stabilization or possible strengthening of receivables management.
However, a subsequent rise is observed moving into the first half of 2024, with the DSO reaching approximately 76.42 days in June 2024 before decreasing slightly to 65.53 days in September 2024, and further stabilizing around the mid-66 days range by December 2024. The first quarter of 2025 shows a modest increase again to approximately 69.07 days, followed by a rise back to roughly 76.28 days in June 2025.
This volatility in DSO across the analyzed periods suggests periods of both improving and deteriorating receivables collection performance. The elongated DSOs in recent periods could indicate increased credit risk, relaxed credit policies, or delays in customer payments, which may warrant further scrutiny in terms of credit management practices and customer relationships. The observed fluctuations emphasize the importance of ongoing monitoring to mitigate potential liquidity risks associated with extended collection periods.
Peer comparison
Jun 30, 2025