TE Connectivity Ltd (TEL)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 5.19 | 5.38 | 5.66 | 5.08 | 5.10 | |
| DSO | days | 70.37 | 67.88 | 64.49 | 71.89 | 71.56 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.19
= 70.37
TE Connectivity Ltd's days of sales outstanding (DSO) have shown a fluctuating trend over the past five years. In 2024, the DSO increased to 70.37 days compared to 67.88 days in 2023, indicating that the company took slightly longer to collect its accounts receivable in 2024. However, the DSO in 2024 was still lower than in 2021 and 2020, suggesting an improvement in collecting receivables compared to those years.
Overall, TE Connectivity Ltd's DSO has ranged between 64.49 days and 71.89 days over the five-year period, showing some variability but generally staying within a relatively narrow range. This indicates that the company has been able to efficiently manage its accounts receivable turnover, with a tendency towards quicker collection in recent years. Further analysis of the company's credit policies, collection practices, and customer base could provide insight into the factors driving these changes in DSO.
Peer comparison
Sep 30, 2024