Synaptics Incorporated (SYNA)

Days of sales outstanding (DSO)

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Receivables turnover		6.28	7.92	5.32	5.75	7.26
DSO	days	58.13	46.09	68.58	63.48	50.30

June 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.28
= 58.13

Synaptics Incorporated's Days Sales Outstanding (DSO) has fluctuated over the past five years, indicating varying efficiency in collecting accounts receivable.

Comparing the figures from June 30, 2024, to previous years, the DSO stands at 58.13 days, representing the number of days it takes on average for the company to collect its accounts receivable. This figure is higher than the DSO in 2023 (46.09 days) but lower than the DSO in 2022 (68.58 days) and 2021 (63.48 days).

The fluctuation in DSO suggests potential changes in the company's credit and collection policies, customer payment behavior, or the overall sales mix. A lower DSO is generally preferred as it signifies quicker collection of receivables and better liquidity management.

Further analysis of Synaptics Incorporated's DSO trend over time can provide insights into the company's efficiency in managing its accounts receivable and cash flow position.