Synnex Corporation (SNX)

Days of sales outstanding (DSO)

		Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021	Nov 30, 2020
Receivables turnover		5.65	5.59	6.62	3.80	5.16
DSO	days	64.58	65.31	55.16	95.94	70.72

November 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.65
= 64.58

The days sales outstanding (DSO) of Synnex Corporation has shown fluctuations over the past five years. In November 2020, the DSO was recorded at 70.72 days, indicating on average, it took the company around 70.72 days to collect outstanding sales.

However, by November 2021, the DSO had increased significantly to 95.94 days, suggesting a potential issue with the efficiency of accounts receivable collections. This could imply slower collection of sales, leading to cash flow challenges for the company.

In November 2022, the DSO improved significantly to 55.16 days, indicating a more efficient collection process compared to the previous year. This reduction in DSO may signify improved credit control measures or better collection strategies implemented by Synnex Corporation.

The DSO slightly increased in November 2023 to 65.31 days, which, although higher than the previous year, still represents a relatively efficient collection period compared to 2021. This small increase may be attributed to various factors such as changes in customer payment behavior or business operations.

In November 2024, the DSO remained relatively stable at 64.58 days, indicating that Synnex Corporation has been able to maintain its efficiency in collecting outstanding sales within a similar timeframe as the previous year. Overall, the fluctuations in DSO observed over the five-year period suggest varying levels of effectiveness in accounts receivable management within Synnex Corporation. Further analysis and monitoring of DSO trends can provide valuable insights into the company's financial health and operational efficiency.