ExlService Holdings Inc (EXLS)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 6.04 | 5.25 | 5.45 | 5.67 | 4.49 | |
| DSO | days | 60.39 | 69.46 | 67.00 | 64.38 | 81.23 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.04
= 60.39
ExlService Holdings Inc's Days Sales Outstanding (DSO) has shown a decreasing trend from 81.23 days as of December 31, 2020, to 60.39 days as of December 31, 2024. This indicates that the company is collecting its accounts receivable more efficiently over the years.
The decline in DSO signifies that ExlService Holdings Inc has been able to convert its accounts receivable into cash more quickly, which can positively impact its cash flow and liquidity position. A decreasing DSO may also suggest effective credit policies or better management of customer payments.
Overall, the trend in ExlService Holdings Inc's DSO demonstrates improvements in its accounts receivable management, reflecting positively on its operational efficiency and financial health.
Peer comparison
Dec 31, 2024