Doximity Inc (DOCS)

Days of sales outstanding (DSO)

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Receivables turnover		—	4.59	3.91	4.24	4.11
DSO	days	—	79.56	93.24	86.14	88.77

March 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

The Days Sales Outstanding (DSO) for Doximity Inc is a key metric that reflects the average number of days it takes for the company to collect payments from its customers. Analyzing the trend over the past few years, we observe the following:

- As of March 31, 2021, the DSO was 88.77 days, indicating that, on average, it took Doximity Inc almost 89 days to collect receivables from customers.
- By March 31, 2022, the DSO had improved to 86.14 days, suggesting a slightly more efficient collections process compared to the previous year.
- The DSO increased to 93.24 days by March 31, 2023, which may indicate a delay in collecting payments from customers.
- However, by March 31, 2024, the DSO improved significantly to 79.56 days, reflecting a more prompt collection of receivables.
- Unfortunately, the data for March 31, 2025, is not available, as indicated by the dash symbol.

Overall, fluctuations in the DSO can provide insights into Doximity Inc's credit and collections management performance. A decreasing trend in DSO may indicate an efficient collection process, while an increasing trend could raise concerns about liquidity and potential credit risks.