Autodesk Inc (ADSK)

Days of sales outstanding (DSO)

		Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019
Receivables turnover		15.99	6.28	9.23	12.97	15.42	5.21	7.63	10.93	11.89	6.12	7.26	11.29	11.94	5.89	6.76	7.22	9.61	5.02	5.98	8.44
DSO	days	22.82	58.17	39.53	28.15	23.67	70.08	47.84	33.39	30.69	59.59	50.26	32.32	30.57	61.93	54.03	50.52	38.00	72.71	61.02	43.27

April 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 15.99
= 22.82

Days Sales Outstanding (DSO) is a key metric that indicates the average number of days it takes for a company to collect revenue after a sale is made. It provides insights into the efficiency of the company's accounts receivable management. A lower DSO is generally preferable as it signifies faster collection of receivables.

Analyzing Autodesk Inc's DSO over the past 20 quarters, we observe fluctuations in the range of 22.82 days to 72.71 days. In the most recent quarter ending on April 30, 2024, the DSO stands at 22.82 days, which is significantly lower compared to the previous quarter's figure of 58.17 days. This suggests an improvement in the company's ability to collect revenue from customers, potentially indicating more efficient accounts receivable management.

Looking at the trend over the quarters, we notice periods of higher DSO values interspersed with lower values. For instance, there are spikes in DSO in quarters such as January 31, 2023, and July 31, 2020. These spikes could indicate challenges in collecting payments from customers during those periods.

On the other hand, periods with lower DSO values, like April 30, 2023, and April 30, 2021, reflect better performance in receivables management. It is essential for Autodesk Inc to monitor and potentially address the factors contributing to higher DSO values to ensure consistent and efficient collection of revenue.

In conclusion, while Autodesk Inc has shown fluctuations in its DSO over the past quarters, the recent decline in DSO is a positive sign of improved efficiency in collecting revenue. Continuous monitoring and management of DSO can help the company maintain healthy cash flows and financial performance.