Sensata Technologies Holding NV (ST)
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 | 5.21 | 5.12 | 5.09 | 5.11 | 5.19 | 5.21 | 4.98 | 5.30 | 5.57 | 5.52 | 5.10 | 4.94 | 5.28 | 5.28 | 6.87 | 6.25 | 6.19 | 5.78 | 5.47 | 5.54 | |
| DSO | days | 70.07 | 71.34 | 71.70 | 71.40 | 70.37 | 70.01 | 73.27 | 68.92 | 65.50 | 66.12 | 71.57 | 73.83 | 69.11 | 69.09 | 53.15 | 58.37 | 59.01 | 63.11 | 66.74 | 65.90 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.21
= 70.07
Days of Sales Outstanding (DSO) measures how long it takes for a company to collect payments after making a sale. DSO can indicate the efficiency of a company's accounts receivable management.
Looking at the DSO trend for Sensata Technologies Holding Plc over the past eight quarters, we observe relatively stable DSO figures ranging from 65.68 days to 69.87 days. The company's DSO has fluctuated within a narrow range, with no significant uptrends or downtrends.
A DSO of around 67 to 69 days suggests that Sensata Technologies typically takes about 2 to 3 months to collect payments from its customers. This may be considered within an acceptable range depending on the industry norms and the company's specific circumstances.
Overall, based on the data provided, Sensata Technologies Holding Plc appears to have a consistent DSO performance, indicating steady accounts receivable management practices.
Peer comparison
Dec 31, 2023