Sonos Inc (SONO)
Days of sales outstanding (DSO)
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 34.27 | 11.97 | 22.24 | 19.83 | 24.75 | 14.68 | — | 16.21 | 17.31 | — | — | — | 17.03 | — | — | — | — | — | — | — | |
| DSO | days | 10.65 | 30.49 | 16.41 | 18.41 | 14.75 | 24.86 | — | 22.52 | 21.08 | — | — | — | 21.43 | — | — | — | — | — | — | — |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 34.27
= 10.65
The Days Sales Outstanding (DSO) of Sonos Inc has shown fluctuations over the past several quarters. In the most recent quarter ending on September 30, 2024, the DSO stood at 10.65 days, indicating that the company is able to collect its accounts receivable relatively quickly.
Looking back at historical data, there was a significant increase in DSO in the quarter ending June 30, 2024, reaching 30.49 days, which suggests a longer collection period compared to the most recent quarter. This increase could potentially be a concern as it may indicate delays in collecting payments from customers.
In general, a lower DSO is favorable as it indicates a shorter time for the company to collect its outstanding invoices and convert them into cash. Monitoring DSO trends can provide insights into the efficiency of the company's accounts receivable management and its overall liquidity position. It is important for Sonos Inc to continue to monitor and manage its DSO to ensure timely collections and healthy cash flow.
Peer comparison
Sep 30, 2024