Seagate Technology PLC (STX)
Days of sales outstanding (DSO)
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 9.49 | 12.15 | 11.89 | 7.61 | 9.22 | |
| DSO | days | 38.48 | 30.03 | 30.70 | 47.95 | 39.57 |
June 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.49
= 38.48
The analysis of Seagate Technology PLC's days of sales outstanding (DSO) over the specified periods reveals notable fluctuations that merit examination. As of June 30, 2021, the DSO was approximately 39.57 days, indicating that, on average, the company took around 40 days to collect receivables. By June 30, 2022, this figure increased to approximately 47.95 days, reflecting a lengthening of the collection period by over 8 days. Such an increase could suggest a slowdown in receivables collection efficiency or potentially more lenient credit terms extended to customers.
Subsequently, between June 30, 2022, and June 30, 2023, the DSO decreased significantly to approximately 30.70 days, indicating an improved collection cycle and a reduction of over 17 days. This improvement points toward enhanced receivables management, stricter credit policies, or more prompt customer payments. The trend persisted into June 30, 2024, with the DSO remaining relatively stable at approximately 30.03 days, suggesting sustained efficiencies in receivables collection.
As of June 30, 2025, the DSO value is unspecified, indicated as a dash, which may imply missing data or that the metric was not available at the time of analysis. Overall, the observed fluctuations indicate a period of rising receivables collection delays in 2022, followed by a marked improvement in collection practices thereafter. Consistent DSO levels around 30 days in recent years typically align with industry standards and reflect positively on the company's credit and collection processes.
Peer comparison
Jun 30, 2025