Agilysys Inc (AGYS)

Days of sales outstanding (DSO)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Receivables turnover		8.09	8.89	6.49	5.34	4.48
DSO	days	45.13	41.08	56.23	68.41	81.45

March 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.09
= 45.13

Agilysys Inc's Days of Sales Outstanding (DSO) have shown a decreasing trend over the past five years, indicating a more efficient collection of accounts receivable. The DSO decreased from 81.45 days in 2020 to 45.13 days in 2024. This improvement suggests that Agilysys Inc has been able to collect payments from its customers more quickly, potentially leading to better cash flow and liquidity. Lower DSO typically indicates effective credit management and a strong relationship with customers. This trend suggests that Agilysys Inc may have implemented more efficient collection processes or tightened credit policies, resulting in a more favorable working capital position.