Teledyne Technologies Incorporated (TDY)
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 | 4.64 | 4.66 | 4.74 | — | 4.64 | — | — | — | 4.16 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 78.62 | 78.34 | 76.96 | — | 78.59 | — | — | — | 87.71 | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.64
= 78.62
To analyze Teledyne Technologies Inc's Days of Sales Outstanding (DSO) based on the provided data, we observe fluctuations in the DSO over the past eight quarters. The DSO measures the average number of days it takes for a company to collect payment after making a sale.
Teledyne's DSO has shown slight variability over the quarters, ranging from 72.78 days in Q3 2022 to 80.58 days in Q1 2022. The recent trend indicates an increase in DSO from Q3 2022 to Q4 2023, reaching 77.86 days, which suggests that the company may be taking slightly longer to collect payments from customers.
It is essential for Teledyne to monitor and manage its DSO effectively to ensure efficient cash flow management. A high DSO could indicate issues with credit policies, collection processes, or an increase in outstanding receivables, which may impact liquidity and working capital.
Overall, while there have been fluctuations in Teledyne's DSO over the quarters, the company should aim to maintain an optimal balance in collecting receivables promptly while sustaining strong customer relationships and sales growth.
Peer comparison
Dec 31, 2023