ANGI Homeservices Inc (ANGI)
Days of sales outstanding (DSO)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 27.81 | 32.32 | 23.24 | 19.49 | 22.25 | 16.74 | 20.46 | 21.75 | 20.02 | 26.28 | 18.12 | 15.27 | 17.34 | 19.97 | 16.53 | 25.10 | 26.55 | 34.02 | 27.65 | 28.09 | |
| DSO | days | 13.12 | 11.29 | 15.71 | 18.73 | 16.41 | 21.81 | 17.84 | 16.78 | 18.23 | 13.89 | 20.14 | 23.90 | 21.05 | 18.27 | 22.08 | 14.54 | 13.75 | 10.73 | 13.20 | 13.00 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 27.81
= 13.12
The analysis of ANGI Homeservices Inc.'s Days of Sales Outstanding (DSO) over the specified period reveals notable fluctuations indicative of shifts in the company's receivables management and revenue collection efficiency.
Between June 30, 2020, and June 30, 2021, the DSO initially remained relatively stable, fluctuating marginally within the range of approximately 13.00 to 14.54 days. Notably, a modest increase occurred toward September 30, 2021, with DSO rising to 22.08 days, suggesting a slowdown in collection efficiency during this quarter. Subsequently, there was a decrease to 18.27 days by December 31, 2021, indicating some improvement.
However, starting in March 2022, the DSO continued to trend upward, reaching a peak of approximately 23.90 days on June 30, 2022. The higher DSO values during this period point to a lengthening of the receivables collection cycle, potentially reflecting operational challenges or shifts in customer payment behaviors.
A decrease is observed in late 2022, with DSO dropping back to around 13.89 days on December 31, 2022, implying an improvement in collection efficiency. This downward trend persisted into the early months of 2023, with DSO averaging around 16.41 to 18.23 days until March 2023, before slightly stabilizing.
Throughout 2023 and into early 2024, the DSO exhibited minor fluctuations, generally oscillating between approximately 11.29 and 21.81 days. The lowest recorded DSO during this period was in December 2024 at 11.29 days, indicating a period of particularly efficient receivables management. Conversely, the highest DSO observed was in December 2023, at 21.81 days.
Overall, the DSO data indicates that ANGI Homeservices Inc. experienced periods of both stability and variability in its collection cycle. Notably, the overall trend suggests enhancements in collection efficiency in late 2022, followed by moderate fluctuations, with DSO remaining within a range roughly between 11 and 22 days in recent periods. These movements reflect underlying operational adjustments and possibly changes in revenue recognition or customer payment profiles over time.
Peer comparison
Mar 31, 2025