DoubleVerify Holdings Inc (DV)

Days Sales Outstanding (DSO) is a key metric used to evaluate a company's efficiency in collecting accounts receivable. It measures the average number of days it takes for a company to collect payment after making a sale.

DoubleVerify Holdings Inc's DSO has shown a slight improvement over the past three years. As of December 31, 2023, the DSO stands at 131.93 days, compared to 134.83 days in 2022 and 134.86 days in 2021. This indicates that the company has been able to collect payments from customers more efficiently in the most recent period.

A decreasing trend in DSO is generally positive as it implies that the company is managing its accounts receivable more effectively and converting sales into cash more quickly. However, it is important to note that a low DSO should be balanced with the risk of losing customers due to overly aggressive collection practices.

In conclusion, the improvement in DoubleVerify Holdings Inc's DSO over the years suggests a positive trend in their accounts receivable management, which may contribute to better cash flow and overall financial performance.

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Dec 31, 2023