CSG Systems International Inc (CSGS)

Days of sales outstanding (DSO)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Receivables turnover		3.33	3.21	3.39	3.39	3.32	3.43	3.52	3.65	3.64	3.61	3.68	3.44	3.72	3.71	3.45	3.31	3.54	3.48	3.05	3.18
DSO	days	109.60	113.54	107.67	107.60	109.99	106.30	103.79	100.00	100.16	101.09	99.25	106.23	98.23	98.38	105.91	110.38	103.19	104.88	119.86	114.70

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.33
= 109.60

To analyze the Days of Sales Outstanding (DSO) trend of CSG Systems International Inc., we observe that the DSO has experienced some fluctuations over the past eight quarters.

In Q1 2022, the DSO stood at 99.85 days, but it has increased steadily over the next three quarters, reaching its peak at 109.96 days in Q4 2022. However, there was a slight decline in DSO in Q1 2023 to 107.57 days, which was followed by a further decrease in Q2 2023 to 107.63 days.

Subsequently, in Q3 2023, the DSO increased to 113.50 days before slightly declining in Q4 2023 to 109.63 days. Overall, the DSO for CSG Systems International Inc. has shown some volatility but has remained relatively stable within the range of 99.85 to 113.50 days over the past two years.

It is important for the company to manage its accounts receivable effectively to ensure timely collection of revenues and maintain a healthy cash flow position. Further analysis of the underlying reasons for the fluctuations in DSO could provide insights into the company's credit and collection policies and the effectiveness of its operations.