DocuSign Inc (DOCU)

Days of sales outstanding (DSO)

Jan 31, 2025 Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021
Receivables turnover 6.93 6.27 4.85 4.76 4.30
DSO days 52.67 58.20 75.18 76.61 84.94

January 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.93
= 52.67

DocuSign Inc's Days Sales Outstanding (DSO) has shown a decreasing trend over the past five years. As of January 31, 2021, the DSO stood at 84.94 days and steadily declined to 76.61 days by January 31, 2022. Subsequently, the DSO reduced further to 75.18 days by January 31, 2023, and notably dropped to 58.20 days by January 31, 2024. The most recent data point, January 31, 2025, shows a DSO of 52.67 days.

This decreasing trend in DSO indicates that DocuSign Inc has been able to collect its accounts receivable more efficiently over the years. A lower DSO signifies that the company is collecting payments from customers more quickly, which can improve cash flow and liquidity. Overall, the declining DSO trend suggests that DocuSign Inc's credit and collection policies have been effective in managing its accounts receivable turnover and optimizing its working capital management.