Trimble Inc (TRMB)
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 | 5.41 | 5.59 | 5.34 | 6.27 | 5.44 | 6.73 | — | — | 5.51 | — | — | — | 5.08 | — | — | — | — | — | — | — | |
| DSO | days | 67.49 | 65.27 | 68.35 | 58.20 | 67.04 | 54.22 | — | — | 66.26 | — | — | — | 71.85 | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.41
= 67.49
To analyze Trimble Inc's Days Sales Outstanding (DSO) based on the provided data, it is evident that DSO figures are available for nine out of the last twenty quarters. DSO represents the average number of days it takes for a company to collect payments after making a sale.
1. The DSO has shown some volatility over the reported periods, ranging from a low of 54.22 days in Sep 30, 2022, to a high of 71.85 days in Dec 31, 2020.
2. Generally, a decreasing trend in DSO indicates that the company is collecting payments faster, which can potentially improve liquidity and cash flow.
3. In contrast, an increasing trend in DSO may suggest difficulties in collections, possibly due to extended credit terms, challenges in receivables management, or changes in customer payment behavior.
4. The absence of DSO data for several quarters may limit the ability to make a consistent trend analysis over time.
5. Further analysis, including comparisons with industry benchmarks and historical trends, is necessary to provide a more comprehensive assessment of Trimble Inc's efficiency in managing its accounts receivable and collections process.
In summary, while the available data points paint a picture of varying DSO figures for Trimble Inc, a deeper examination is required to understand the underlying reasons for these fluctuations and their implications for the company's financial performance and working capital management.
Peer comparison
Dec 31, 2023