NCR Voyix Corporation (VYX)

NCR Voyix Corporation's Days of Sales Outstanding (DSO) measures the average number of days it takes for the company to collect payment from its customers after making a sale. A lower DSO indicates that the company is able to collect payments more quickly, which is generally considered a positive sign of efficiency in receivables management.

Looking at the trend in DSO over the past five years, we can see that NCR Voyix has achieved a decreasing trend in its DSO from 2019 to 2023. This declining trend indicates an improvement in the company's ability to collect payments from customers in a timely manner. The DSO decreased from 78.65 days in 2019 to 50.41 days in 2023, reflecting a positive development in the company's cash flow management.

The decrease in DSO can be attributed to various factors such as improved credit policies, more efficient collection methods, and potentially a stronger customer base with better payment terms. By reducing the DSO, the company can enhance its working capital management, reduce the risk of bad debts, and improve its overall financial performance.

Overall, the decreasing trend in NCR Voyix's DSO over the five-year period suggests a positive trend in the company's receivables management and efficiency in collecting payments from customers. This improvement indicates that the company is making strides towards a healthier cash flow position and financial stability.