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Cirrus Logic (STU:CRU) Days Sales Outstanding : 36.49 (As of Dec. 2023)


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What is Cirrus Logic Days Sales Outstanding?

Cirrus Logic's average Accounts Receivable for the three months ended in Dec. 2023 was €227 Mil. Cirrus Logic's Revenue for the three months ended in Dec. 2023 was €568 Mil. Hence, Cirrus Logic's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.49.

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

STU:CRU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.73   Med: 34.55   Max: 44.71
Current: 44.71

During the past 13 years, Cirrus Logic's highest Days Sales Outstanding was 44.71. The lowest was 24.73. And the median was 34.55.

STU:CRU's Days Sales Outstanding is ranked better than
73.59% of 977 companies
in the Semiconductors industry
Industry Median: 62.44 vs STU:CRU: 44.71

Cirrus Logic's Days Sales Outstanding declined from Dec. 2022 (46.07) to Dec. 2023 (36.49).


Cirrus Logic Days Sales Outstanding Historical Data

The historical data trend for Cirrus Logic'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.

Cirrus Logic Days Sales Outstanding Chart

Cirrus Logic Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.79 38.75 36.60 34.92 36.94

Cirrus Logic 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 46.07 51.87 48.69 43.17 36.49

Competitive Comparison of Cirrus Logic's Days Sales Outstanding

For the Semiconductors subindustry, Cirrus Logic'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.


Cirrus Logic's Days Sales Outstanding Distribution in the Semiconductors Industry

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

* The bar in red indicates where Cirrus Logic's Days Sales Outstanding falls into.



Cirrus Logic 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.

Cirrus Logic's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (218.16 + 140.542) / 2 ) / 1772.374*365
=179.351 / 1772.374*365
=36.94

Cirrus Logic'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
=( (254.765 + 199.236) / 2 ) / 567.608*365 / 4
=227.0005 / 567.608*365 / 4
=36.49

* 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.


Cirrus Logic  (STU:CRU) Days Sales Outstanding Explanation

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


Cirrus Logic Days Sales Outstanding Related Terms

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Cirrus Logic (STU:CRU) Business Description

Traded in Other Exchanges
Address
800 West 6th Street, Austin, TX, USA, 78701
Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and non-portable audio and other products. These products include analog and mixed-signal components targeting mobile devices, smart homes, and applications in the automotive, energy, and industrial markets. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.