Vishay Intertechnology Inc (VSH)
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 | 7.97 | 7.84 | 7.82 | — | 8.40 | — | — | — | 8.17 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 45.78 | 46.53 | 46.69 | — | 43.43 | — | — | — | 44.66 | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.97
= 45.78
To analyze Vishay Intertechnology, Inc.'s days of sales outstanding (DSO) based on the data provided, we observe fluctuations over the past eight quarters. DSO represents the average number of days it takes for the company to collect its accounts receivable, indicating the efficiency of its credit and collection policies.
The trend in Vishay Intertechnology's DSO over the quarters shows a slight increase from Q1 2022 to Q3 2023, peaking at 46.69 days in Q2 2023. This suggests a potential deterioration in the company's collection efficiency during this period. However, the DSO decreased to 45.78 days in Q4 2023, indicating an improvement in collecting receivables compared to the previous quarters.
Comparing the DSO to the same quarter in the previous year, we observe an upward trajectory from Q1 2022 to Q2 2023, with some fluctuations along the way. Despite these fluctuations, the DSO in Q4 2023 decreased compared to Q4 2022, indicating a positive trend in collections efficiency year-over-year.
Overall, while Vishay Intertechnology experienced fluctuations in DSO over the past eight quarters, the most recent data point to a slight improvement in collecting receivables compared to the previous quarters. Monitoring this metric going forward will be crucial to assess the company's efficiency in managing its accounts receivable and maintaining healthy cash flows.
Peer comparison
Dec 31, 2023