CommVault Systems Inc (CVLT)

Days of sales outstanding (DSO)

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Receivables turnover		3.95	3.48	4.61	4.26	3.77	3.66	4.06	4.45	3.73	3.65	4.67	4.32	3.96	3.54	4.45	4.62	3.85	3.66	4.93	4.55
DSO	days	92.38	104.94	79.21	85.66	96.85	99.65	89.88	82.10	97.90	99.92	78.19	84.50	92.12	103.00	81.95	79.01	94.91	99.86	74.02	80.20

March 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.95
= 92.38

CommVault Systems Inc's Days Sales Outstanding (DSO) has shown some fluctuations over the periods provided. The DSO indicates the average number of days it takes for the company to collect revenue after making a sale. A lower DSO value is generally a positive indicator as it suggests a shorter collection period, indicating efficient account receivables management.

From June 30, 2020, to March 31, 2025, the DSO fluctuated within a range of approximately 74 days to 104 days. There was a noticeable increase in DSO from December 31, 2021, to December 31, 2024, with the highest value recorded at 104.94 days on December 31, 2024. This increase may highlight potential concerns such as delays in collecting payments from customers or changes in the company's credit policies affecting collections.

However, the DSO saw some improvements in some periods, such as September 30, 2020, and June 30, 2022, where values were notably lower compared to the surrounding periods. These lower DSO values could indicate more effective management of account receivables and quicker collection of revenues during those particular periods.

In conclusion, while CommVault Systems Inc's DSO has experienced fluctuations, it is important for the company to monitor and manage its accounts receivable efficiently to ensure timely collection of revenues, optimize cash flow, and maintain a healthy financial position.