NCR Voyix Corporation (VYX)
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 | 13.70 | 7.97 | 7.64 | 7.50 | 6.98 | 7.05 | 7.16 | 6.96 | 7.46 | 6.93 | 4.98 | 5.12 | 5.56 | 5.18 | 5.33 | 5.09 | 4.64 | 4.59 | 4.61 | 4.81 | |
| DSO | days | 26.65 | 45.81 | 47.79 | 48.68 | 52.30 | 51.79 | 50.99 | 52.44 | 48.91 | 52.66 | 73.27 | 71.32 | 65.68 | 70.49 | 68.49 | 71.76 | 78.65 | 79.47 | 79.12 | 75.85 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 13.70
= 26.65
The Days Sales Outstanding (DSO) metric for NCR Voyix Corporation has displayed fluctuations over the past few years. The trend indicates that the company's average collection period has ranged from as low as 26.65 days to as high as 79.47 days.
In recent quarters, there has been a decreasing trend in DSO, which suggests that the company might have improved its efficiency in collecting accounts receivable. However, the DSO figures are still relatively high, indicating that NCR Voyix Corporation takes some time to collect revenues from its customers.
It is essential for the company to continue monitoring and managing its DSO effectively to ensure timely collection of receivables, which can positively impact its cash flow and overall financial performance.