ANSYS Inc (ANSS)
Days of sales outstanding (DSO)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Receivables turnover | 2.47 | 2.56 | 2.62 | 2.66 | 2.95 | |
DSO | days | 147.82 | 142.57 | 139.47 | 137.30 | 123.57 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 2.47
= 147.82
The Days Sales Outstanding (DSO) for ANSYS Inc has been showing a gradual increase over the past five years. From 123.57 days on December 31, 2020, it has risen to 147.82 days by December 31, 2024. This trend indicates that the company is taking longer to collect its accounts receivable, which could potentially lead to cash flow challenges if not managed effectively. ANSYS Inc may need to revisit its credit policies, collections processes, or customer relationships to improve its DSO and ensure efficient working capital management.
Peer comparison
Dec 31, 2024
Company name
Symbol
DSO
ANSYS Inc
ANSS
147.82
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