Western Digital Corporation (WDC)
Days of sales outstanding (DSO)
Jun 30, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | 6.03 | 6.44 | 7.20 | 7.64 | 7.51 | 8.73 | 8.12 | 7.10 | 6.60 | — | 6.79 | — | 7.35 | — | — | — | — | — | — | — | |
DSO | days | 60.51 | 56.66 | 50.68 | 47.80 | 48.59 | 41.82 | 44.95 | 51.42 | 55.32 | — | 53.74 | — | 49.63 | — | — | — | — | — | — | — |
June 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.03
= 60.51
Days of Sales Outstanding (DSO) is a key metric used to assess how efficiently a company is managing its accounts receivable. The DSO for Western Digital Corporation has shown some fluctuations over the past few quarters.
In the most recent quarter, ending June 30, 2024, the DSO was 60.51 days, indicating that on average, it took the company approximately 60.51 days to collect its accounts receivable. This is higher compared to the DSO of 56.66 days in the previous quarter, ending March 31, 2024.
Looking further back, the trend shows that DSO has generally been on the rise since December 31, 2022, where it was 44.95 days. This indicates that the company may be taking longer to collect payments from its customers, which could potentially impact its cash flow and liquidity.
It is important for Western Digital Corporation to closely monitor and potentially improve its accounts receivable management in order to shorten the DSO and enhance its working capital efficiency. High DSO levels can signal potential issues with credit policies, customer payment terms, or collection processes that may need to be addressed to optimize the company's financial performance.
Peer comparison
Jun 30, 2024
See also:
Western Digital Corporation Average Receivable Collection Period (Quarterly Data)