Seagate Technology PLC (STX)
Days of sales outstanding (DSO)
| Mar 31, 2025 | Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 13.73 | 10.90 | 9.65 | 12.15 | 13.71 | 10.91 | 13.06 | 11.89 | 8.46 | 11.13 | 9.64 | 7.61 | 8.96 | 8.56 | 8.83 | 9.22 | 10.41 | 12.70 | 11.83 | 9.43 | |
| DSO | days | 26.58 | 33.48 | 37.83 | 30.03 | 26.62 | 33.45 | 27.95 | 30.70 | 43.14 | 32.78 | 37.88 | 47.95 | 40.72 | 42.64 | 41.36 | 39.57 | 35.05 | 28.74 | 30.85 | 38.73 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 13.73
= 26.58
The analysis of Seagate Technology PLC's days of sales outstanding (DSO) over the specified period reveals notable fluctuations and trends. Initially, as of June 30, 2020, the DSO was approximately 38.73 days, indicating the average period for collecting receivables. There was a significant decrease to 30.85 days by September 30, 2020, suggesting an improvement in receivables collection efficiency during this interval. This downward trend continued into December 31, 2020, with DSO reaching approximately 28.74 days.
However, starting from March 31, 2021, the DSO increased again to 35.05 days and modestly climbed further, peaking at 42.64 days by December 31, 2021. The upward trend persisted into 2022, with DSO values of 40.72 days as of March 31, 2022, and 47.95 days by June 30, 2022, indicating a period of slower receivables realization.
Subsequent quarters showed some decline, with DSO decreasing to 37.88 days by September 30, 2022, and further down to 32.78 days as of December 31, 2022. In 2023, the DSO fluctuated again, reaching 43.14 days on March 31, 2023, before decreasing to 30.70 days by June 30, 2023, and then slightly increasing to 27.95 days on September 30, 2023. As of December 31, 2023, the DSO stood at 33.45 days, and the following quarter reflected a reduction to 26.62 days.
Moving into 2024, the DSO demonstrated further variability, with values of 30.03 days on June 30, 2024, rising to 37.83 days as of September 30, 2024, and then slightly decreasing to 33.48 days by December 31, 2024. The March 31, 2025, data indicates a DSO of approximately 26.58 days.
Overall, the DSO for Seagate Technology PLC displays cyclical behavior with periods of both improvement and deterioration in receivables collection efficiency. The fluctuations suggest variations in customer payment behaviors, changes in credit policies, or shifts in sales practices. The most recent data indicates a relatively stable DSO range, generally between 26 and 37 days, aligning with industry norms for technology and storage companies.
Peer comparison
Mar 31, 2025