Crowdstrike Holdings Inc (CRWD)

Days of sales outstanding (DSO)

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Receivables turnover		3.73	3.64	3.90	3.67	2.97
DSO	days	97.96	100.29	93.70	99.53	122.91

January 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.73
= 97.96

The Days Sales Outstanding (DSO) metric for Crowdstrike Holdings Inc has exhibited fluctuations over the past five fiscal years.

In the most recent fiscal year ending January 31, 2024, the DSO was 97.96 days, showing a slight improvement compared to the previous year. This suggests that the company collects its accounts receivable more efficiently in 2024.

Looking back at the trend, we observe that DSO was relatively high in the fiscal year ending January 31, 2020, at 122.91 days, which could indicate potential challenges in collecting receivables efficiently. However, there has been a progressive decline in DSO since then, signaling a positive trend in managing accounts receivable.

Overall, the downward trend in DSO over the past five years indicates a potential improvement in Crowdstrike Holdings Inc's accounts receivable management efficiency, leading to quicker conversion of sales into cash.