Box Inc (BOX)

Days of sales outstanding (DSO)

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Receivables turnover		3.70	3.76	3.42	3.39	3.35
DSO	days	98.73	97.09	106.61	107.74	108.87

January 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.70
= 98.73

The Days Sales Outstanding (DSO) of Box Inc, a measure of how long it takes the company to collect payments from its customers, has shown a varied trend over the past five years.

In 2024, the DSO stands at 98.73 days, slightly higher compared to the previous year. This indicates that Box Inc took approximately 98.73 days to collect its accounts receivables, on average, in the most recent period.

Looking back, in 2023, the DSO was at 97.09 days, showing a marginal improvement from the prior year. This suggests a slightly more efficient collection of payments from customers compared to 2022 when the DSO was at 106.61 days.

Further back in 2021 and 2020, the DSO was at 107.74 days and 108.87 days, respectively, illustrating a relatively steady performance in terms of collecting payments over those years.

Overall, Box Inc's DSO has fluctuated within a range over the past five years, suggesting some variability in the company's accounts receivable collection efficiency. Monitoring this metric going forward can help assess the effectiveness of Box Inc's credit and collection policies and practices, as well as its overall financial health.