ANSYS Inc (ANSS)

Days of sales outstanding (DSO)

		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	Mar 31, 2020
Receivables turnover		2.47	3.04	3.10	3.24	2.56	3.04	2.89	3.22	2.62	3.20	3.25	3.38	2.66	3.71	3.63	3.83	2.95	3.64	3.89	3.92
DSO	days	147.82	120.06	117.64	112.56	142.57	120.22	126.28	113.45	139.47	114.16	112.27	108.04	137.30	98.47	100.46	95.30	123.57	100.36	93.87	93.15

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 2.47
= 147.82

Days Sales Outstanding (DSO) is a measure of how long it takes a company to collect its accounts receivable. By analyzing the DSO trend of ANSYS Inc using the provided data, we can observe that the company's DSO has shown fluctuations over the periods mentioned.

From March 31, 2020, to December 31, 2021, ANSYS Inc experienced a gradual increase in DSO, reaching a peak of 137.30 days by the end of December 2021. This could indicate challenges in timely collection of receivables during this period. Subsequently, there was a slight decrease in DSO to 108.04 days by March 31, 2022, which could imply improvement in receivables management during that quarter.

However, the DSO increased again to 142.57 days by the end of December 2023, suggesting a potential regression in collecting receivables efficiently. ANSYS Inc managed to reduce the DSO to 117.64 days by June 30, 2024, hinting at a positive change in receivables management in the following quarter.

Overall, the DSO trend of ANSYS Inc shows variability, indicating potential challenges in managing accounts receivable efficiently. It is essential for the company to focus on optimizing its collection processes to ensure timely receipt of payments and maintain healthy cash flows.