CSG Systems International Inc (CSGS)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		3.33	3.32	3.64	3.72	3.54
DSO	days	109.56	109.82	100.17	98.23	103.19

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.33
= 109.56

The days of sales outstanding (DSO) for CSG Systems International Inc. have shown a slight increase over the past five years. In particular, DSO has ranged from 98.23 days in 2020 to 109.96 days in 2022. This indicates that, on average, it takes the company approximately 100 to 110 days to collect its accounts receivable. The increase in DSO from 2020 to 2023 suggests that the company may be experiencing challenges in efficiently collecting payments from its customers, which could impact its cash flow and working capital management. It is important for CSG Systems International Inc. to monitor and potentially improve its accounts receivable collection process to reduce DSO and enhance its overall liquidity position.