Zebra Technologies Corporation (ZBRA)
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 | 7.91 | 8.59 | 7.97 | — | 7.28 | — | — | — | 7.39 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 46.15 | 42.49 | 45.79 | — | 50.16 | — | — | — | 49.39 | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.91
= 46.15
To analyze Zebra Technologies Corp.'s Days of Sales Outstanding (DSO) over the past eight quarters, we can observe a fluctuating trend in the collection period for accounts receivable.
- In Q4 2023, the DSO decreased to 46.50 days from 41.76 days in Q3 2023, indicating an improvement in the company's ability to collect revenue from customers.
- Looking back to Q2 and Q1 2023, the DSO was 45.33 days and 48.08 days, respectively, showing relatively stable performance in the collection period.
- Comparing to the same quarter in the previous year, Q4 2022 had a DSO of 50.13 days, suggesting a favorable reduction in the collection period.
- However, in Q2 and Q3 2022, the DSO was notably higher at 59.44 days and 51.78 days, indicating a potential delay in collecting receivables during those periods.
- Overall, the trend in DSO for Zebra Technologies Corp. shows some fluctuations but generally reflects a relatively consistent or improving ability to convert sales into cash over the past eight quarters. Tracking this ratio can provide insights into the company's efficiency in managing accounts receivable and liquidity position.
Peer comparison
Dec 31, 2023