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Onto Innovation (Onto Innovation) Days Sales Outstanding : 90.91 (As of Dec. 2023)


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What is Onto Innovation Days Sales Outstanding?

Onto Innovation's average Accounts Receivable for the three months ended in Dec. 2023 was $218.0 Mil. Onto Innovation's Revenue for the three months ended in Dec. 2023 was $218.9 Mil. Hence, Onto Innovation's Days Sales Outstanding for the three months ended in Dec. 2023 was 90.91.

The historical rank and industry rank for Onto Innovation's Days Sales Outstanding or its related term are showing as below:

ONTO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 75.52   Med: 91.32   Max: 112.07
Current: 96.18

During the past 13 years, Onto Innovation's highest Days Sales Outstanding was 112.07. The lowest was 75.52. And the median was 91.32.

ONTO's Days Sales Outstanding is ranked worse than
78.63% of 978 companies
in the Semiconductors industry
Industry Median: 62.36 vs ONTO: 96.18

Onto Innovation's Days Sales Outstanding increased from Dec. 2022 (85.91) to Dec. 2023 (90.91).


Onto Innovation Days Sales Outstanding Historical Data

The historical data trend for Onto Innovation's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Onto Innovation Days Sales Outstanding Chart

Onto Innovation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.07 89.50 75.52 76.00 104.68

Onto Innovation Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.91 103.32 95.12 87.51 90.91

Competitive Comparison of Onto Innovation's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Onto Innovation's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Onto Innovation's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Onto Innovation's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Onto Innovation's Days Sales Outstanding falls into.



Onto Innovation Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Onto Innovation's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (241.395 + 226.556) / 2 ) / 815.868*365
=233.9755 / 815.868*365
=104.68

Onto Innovation's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (209.52 + 226.556) / 2 ) / 218.856*365 / 4
=218.038 / 218.856*365 / 4
=90.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Onto Innovation  (NYSE:ONTO) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Onto Innovation Days Sales Outstanding Related Terms

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Onto Innovation (Onto Innovation) Business Description

Traded in Other Exchanges
Address
16 Jonspin Road, Wilmington, MA, USA, 01887
Onto Innovation Inc is engaged in the design, development, manufacture, and support of high-performance control metrology, defect inspection, lithography, and data analysis systems used by microelectronics device manufacturers. The Company and its subsidiaries currently operate in a single operating segment. The company mainly operates in the United States, Asia, and Europe, with China and South Korea the largest sources of total revenue.
Executives
Mark Slicer officer: Chief Financial Officer 16 JONSPIN ROAD, WILMINGTON MA 01887
Robert Fiordalice other: See Remarks C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Srinivas Vedula officer: SVP, Customer Success C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Michael P Plisinski director, officer: Chief Executive Officer C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
D Mayson Brooks officer: VP, GM IBU C/O ONTO INNOVATION INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Ju Jin other: SEE REMARKS C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
David Brian Miller director C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Karen M Rogge director APPLIED MICRO CIRCUITS CORP, 4555 GREAT AMERICA PARKWAY, SUITE 601, SANTA CLARA CA 95054
May Su director 16 JONSPIN ROAD, WILMINGTON MA 01887
Ramil Yaldaei officer: Chief Operating Officer C/O ONTO INNOVATION INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Yoon Ah Oh officer: General Counsel 16 JONSPIN ROAD, WILMINGTON MA 01887
James Harlow officer: Chief Operating Officer 16 JONSPIN RD, WILMINGTON MA 01887
Stephen Douglas Kelley director 1900 S. PRICE ROAD, CHANDLER AZ 85286
Steven R Roth officer: SEE REMARKS C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Bruce C Rhine director C/O ONTO INNOVATION, INC., 16 JONSPIN ROAD, WILMINGTON MA 01887