ViaSat Inc (VSAT)
Days of sales outstanding (DSO)
| 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 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.00 | 3.60 | 3.38 | 5.97 | 7.26 | 3.73 | 4.51 | 5.60 | 7.61 | 7.27 | 6.75 | 6.43 | 9.25 | 10.84 | 8.85 | 8.31 | 6.79 | 7.01 | 7.41 | 6.92 | |
| DSO | days | 91.31 | 101.49 | 108.01 | 61.14 | 50.25 | 97.96 | 80.85 | 65.13 | 47.94 | 50.19 | 54.05 | 56.79 | 39.47 | 33.68 | 41.24 | 43.93 | 53.76 | 52.07 | 49.25 | 52.78 |
March 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.00
= 91.31
The Days of Sales Outstanding (DSO) ratio for ViaSat Inc has shown some fluctuations over the past few quarters. DSO measures the average number of days it takes for a company to collect revenue after a sale is made. A higher DSO indicates that the company is taking longer to collect its accounts receivable, which could potentially signal liquidity issues or inefficiencies in the company's credit policy.
From the data provided, we can see that the DSO has ranged from a low of 33.68 days in Dec 31, 2020, to a high of 108.01 days in Sep 30, 2023. The increase in DSO from the previous quarter can indicate that ViaSat Inc is taking longer to collect its accounts receivable, which could impact its cash flow and working capital management.
It is important for ViaSat Inc to closely monitor its DSO trend and take appropriate actions to improve its accounts receivable collection process. This could involve reassessing credit policies, enhancing collections efforts, and addressing any potential issues with customer payments.
Overall, the DSO ratio provides valuable insight into ViaSat Inc's accounts receivable management efficiency and can help the company make informed decisions to optimize cash flows and ensure financial stability.
Peer comparison
Mar 31, 2024