Crowdstrike Holdings Inc (CRWD)

Days of sales outstanding (DSO)

		Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019
Receivables turnover		4.88	3.73	5.28	5.08	5.43	3.62	4.18	4.33	4.38	3.90	4.49	4.24	4.72	3.67	4.43	4.42	3.96	2.97
DSO	days	74.81	97.96	69.13	71.92	67.19	100.70	87.33	84.31	83.30	93.69	81.27	86.09	77.35	99.53	82.31	82.53	92.26	122.91

April 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.88
= 74.81

Crowdstrike Holdings Inc's Days of Sales Outstanding (DSO) has shown fluctuations over the past few quarters. DSO measures the average number of days it takes for a company to collect payment after a sale is made. A lower DSO is generally perceived as more favorable as it indicates faster collection of receivables.

From the data provided, the DSO for Crowdstrike Holdings Inc ranged from 67.19 days to 122.91 days over the past two years. The highest DSO of 122.91 days was recorded in January 2020, indicating a longer period for the company to collect payments at that time.

The DSO improved significantly in recent quarters, with the latest figure at 74.81 days in April 2024, which is a positive signal suggesting the company is collecting payments more efficiently. However, it is worth noting that there was a spike in DSO to 100.70 days in January 2023, which might require further investigation.

Overall, monitoring DSO trends is crucial for assessing a company's liquidity and efficiency in managing its accounts receivables. Crowdstrike Holdings Inc should continue to focus on optimizing its collection processes to maintain a healthy DSO and improve cash flow management.