FTI Consulting Inc (FCN)
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 | 2.22 | 1.92 | 1.95 | 2.35 | 2.38 | 2.21 | 2.26 | 2.44 | 2.59 | 2.40 | 2.26 | 2.25 | 2.39 | 1.90 | 2.04 | 2.00 | 1.98 | 1.84 | 1.81 | 1.94 | |
| DSO | days | 164.20 | 189.74 | 187.25 | 155.24 | 153.11 | 165.09 | 161.31 | 149.34 | 140.75 | 152.35 | 161.19 | 162.18 | 152.52 | 191.63 | 179.25 | 182.92 | 184.62 | 198.59 | 201.73 | 188.54 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 2.22
= 164.20
The days of sales outstanding (DSO) metric for FTI Consulting Inc. has shown some fluctuation in recent quarters. In Q4 2023, the DSO was 120.11 days, which decreased compared to the previous quarter's 135.45 days in Q3 2023. This reduction suggests an improvement in the company's accounts receivable collection efficiency.
Looking back at earlier quarters, the DSO ranged from 110.69 days in Q1 2022 to as high as 135.45 days in Q3 2023. The trend has shown some variability over time, indicating potential changes in credit policies, billing practices, or customer payment behaviors.
Overall, FTI Consulting Inc. should aim to monitor and manage its DSO effectively to ensure timely collection of accounts receivable and maintain healthy cash flows. Further analysis and comparison with industry benchmarks could provide additional insights into the efficiency of the company's credit and collection processes.
Peer comparison
Dec 31, 2023