Doximity Inc (DOCS)

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
Receivables turnover 4.44 4.00 4.14 4.00 4.69 4.80 4.61 4.70 3.91 5.37 4.85 4.76 4.24 4.53 4.98 5.29 4.11 3.78 —
DSO days 82.13 91.22 88.13 91.33 77.80 76.05 79.15 77.63 93.24 68.02 75.25 76.75 86.14 80.50 73.26 69.03 88.77 96.57 —

March 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.44
= 82.13

The Days of Sales Outstanding (DSO) for Doximity Inc has shown some fluctuations over the periods analyzed. From September 30, 2020, where the DSO was not provided, the metric increased to 96.57 days by December 31, 2020. However, there was a subsequent decrease in DSO to 88.77 days by March 31, 2021. The trend continued positively as the DSO further declined to 69.03 days by June 30, 2021.

During the following quarters, there was a slight uptick in DSO to 73.26 days by September 30, 2021, and further to 80.50 days by December 31, 2021. However, the metric decreased again to 86.14 days by March 31, 2022, and reached its lowest point of 68.02 days by December 31, 2022.

Although there were some fluctuations in the subsequent periods, the DSO generally remained within a certain range, with values ranging from 75.25 days to 93.24 days, showing a degree of stability in the collection of receivables. The DSO stayed close to the 80-day mark, indicating that Doximity Inc managed its accounts receivables efficiently over the analyzed periods.