Super Micro Computer Inc (SMCI)
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 | 6.16 | 8.74 | 6.20 | 9.78 | 8.65 | 8.17 | 6.16 | 6.81 | 8.38 | 8.36 | 7.53 | 8.07 | 9.65 | 10.19 | 8.10 | 9.33 | 8.65 | 8.90 | 8.60 | 9.80 | |
| DSO | days | 59.29 | 41.77 | 58.84 | 37.31 | 42.19 | 44.68 | 59.21 | 53.59 | 43.54 | 43.68 | 48.48 | 45.25 | 37.84 | 35.82 | 45.08 | 39.12 | 42.20 | 41.02 | 42.45 | 37.25 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.16
= 59.29
The Days Sales Outstanding (DSO) ratio for Super Micro Computer Inc has shown some variations over the last eight quarters. In Q2 2024, the DSO stood at 59.29 days, which is higher compared to the previous quarter (Q1 2024) where it was 41.77 days. This increase indicates that the company's accounts receivable turnover has slowed down, and it takes longer to collect payments from customers.
Looking further back, in Q4 2023, the DSO was 58.84 days, slightly higher than in Q2 2024. However, Q3 2023 saw a lower DSO of 43.46 days, indicating better efficiency in collecting receivables during that period.
In comparison to the same quarter a year ago, the DSO has been fluctuating. Q2 2023 had a DSO of 49.49 days, slightly lower than Q2 2024. Q1 2023 saw a DSO of 53.78 days, and Q4 2022 had the highest DSO of 68.32 days in the data provided.
Overall, analyzing these trends in DSO can provide insights into Super Micro Computer Inc's effectiveness in managing its accounts receivable and collecting payments from customers. A sustained increase in DSO may indicate potential issues with credit policies, collection processes, or customer creditworthiness that the company should address to optimize its working capital management.
Peer comparison
Dec 31, 2023
See also:
Super Micro Computer Inc Average Receivable Collection Period (Quarterly Data)