Exponent Inc (EXPO)
Days of sales outstanding (DSO)
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 3.21 | 2.98 | 3.04 | 3.03 | 3.02 | 3.01 | — | — | 3.33 | — | — | — | 3.58 | — | — | — | — | — | — | — | |
| DSO | days | 113.80 | 122.58 | 119.94 | 120.29 | 120.97 | 121.33 | — | — | 109.48 | — | — | — | 101.83 | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.21
= 113.80
Exponent Inc's Days Sales Outstanding (DSO) has shown fluctuations over the recent quarters. As of December 31, 2023, the DSO was 113.80 days, indicating the average number of days it takes for the company to collect revenue from its customers. Compared to the previous quarter, there was a slight improvement in collections efficiency, as the DSO decreased from 122.58 days.
The trend over the past few quarters shows variability in DSO figures, with some periods showing incomplete or missing data. In general, a decreasing DSO suggests that the company is managing its accounts receivable more effectively, while an increasing DSO could signal potential issues with customer payments or credit policies.
It is important for Exponent Inc to monitor and analyze DSO consistently to ensure optimal cash flow management and timely collections. Further analysis and comparison with industry benchmarks can provide additional insights into the company's liquidity and credit management practices.
Peer comparison
Dec 31, 2023