Viavi Solutions Inc (VIAV)
Days of sales outstanding (DSO)
| Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.08 | 4.14 | 4.21 | 4.69 | 4.19 | — | 4.79 | — | 4.52 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 89.35 | 88.22 | 86.73 | 77.80 | 87.08 | — | 76.25 | — | 80.72 | — | — | — | — | — | — | — | — | — | — | — |
June 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.08
= 89.35
The Days Sales Outstanding (DSO) metric for Viavi Solutions Inc has exhibited some fluctuations over the periods provided. The DSO for the most recent quarter, ending June 30, 2024, was 89.35 days, showing a slight increase compared to the previous quarter's figure of 88.22 days. This suggests that the company is taking slightly longer to collect its accounts receivable.
Looking further back, the DSO has shown variations with figures ranging from as low as 76.25 days to as high as 87.08 days in recent quarters. Generally, a lower DSO indicates that the company is collecting its accounts receivable more quickly, which can be a positive sign of strong cash flow management.
It is important to note that some quarters have missing data for DSO, which may indicate potential irregularities in reporting, operational changes, or seasonal factors affecting the company's receivables collection efficiency.
Overall, Viavi Solutions Inc's DSO trend should be monitored closely to assess the effectiveness of its accounts receivable management and the potential impact on its liquidity and working capital position.
Peer comparison
Jun 30, 2024