DigitalOcean Holdings Inc (DOCN)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Receivables turnover		10.77	11.14	10.71	10.82
DSO	days	33.89	32.76	34.09	33.74

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 10.77
= 33.89

DigitalOcean Holdings Inc's Days of Sales Outstanding (DSO) has remained relatively consistent over the past four years. As of December 31, 2021, the DSO stood at 33.74 days, increasing slightly to 34.09 days by December 31, 2022. However, the company was able to improve its collection efficiency in the following year, with the DSO decreasing to 32.76 days as of December 31, 2023. By December 31, 2024, the DSO increased again to 33.89 days, showing a modest uptick compared to the previous year. Overall, DigitalOcean's DSO figures suggest that the company has managed its accounts receivable effectively, with only minor fluctuations in its collection period over the analyzed period.