Vishay Intertechnology Inc (VSH)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 7.97 | 8.40 | 8.17 | 7.39 | 8.13 | |
| DSO | days | 45.78 | 43.43 | 44.66 | 49.40 | 44.89 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.97
= 45.78
The Days of Sales Outstanding (DSO) for Vishay Intertechnology, Inc. has shown some fluctuations over the past five years. In 2023, the DSO increased to 45.78 days from 43.43 days in 2022. This indicates that on average, it took around 45.78 days to collect payments from customers in 2023, representing a slight slowdown compared to the previous year.
Looking back further, the DSO was relatively stable in 2021 and 2019, with values of 44.66 days and 44.89 days, respectively. However, there was an increase in 2020, where the DSO peaked at 49.40 days. This could suggest potential challenges in collecting receivables efficiently during that period.
In general, a lower DSO is preferred as it indicates faster cash collection and efficient accounts receivable management. Therefore, management at Vishay Intertechnology may want to focus on optimizing their credit and collection processes to reduce the DSO and improve overall liquidity and working capital management.
Peer comparison
Dec 31, 2023