Synaptics Incorporated (SYNA)

Days of sales outstanding (DSO)

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Receivables turnover 8.24 6.68 8.20 5.38 5.87
DSO days 44.27 54.63 44.50 67.83 62.20

June 30, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.24
= 44.27

The data indicates that Synaptics Incorporated's days of sales outstanding (DSO) over the fiscal years ending in June, from 2021 to 2025, has experienced notable fluctuations. As of June 30, 2021, the DSO was 62.20 days, reflecting the average period it took the company to collect its receivables. This figure increased to 67.83 days by June 30, 2022, suggesting a slowdown in receivables collection efficiency or a possible extension of credit terms during that period.

However, a significant improvement is observed in the subsequent fiscal year, with the DSO decreasing to 44.50 days as of June 30, 2023. This reduction indicates enhanced receivables management and a shorter collection cycle, which can contribute positively to the company's cash flow and liquidity position.

In the following year, the DSO rose again to 54.63 days in June 2024, indicating a temporary slowdown or change in credit and collection policies. Nonetheless, by June 30, 2025, the DSO decreased once more to approximately 44.27 days, aligning closely with the 2023 figure and suggesting a return to a more efficient receivables collection timeframe.

Overall, the trend exhibited by Synaptics' DSO shows periods of both deterioration and improvement in receivables management. The fluctuations may reflect changes in customer credit terms, industry conditions, or internal collection practices. The recent figures suggest that the company has managed to maintain a DSO in the mid-40-day range, which is generally considered healthy and indicates effective receivables collection processes relative to industry standards.