Fair Isaac Corporation (FICO)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 2.69 | 2.39 | 2.69 | 2.94 | 2.51 | |
| DSO | days | 135.46 | 152.43 | 135.91 | 123.99 | 145.41 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 2.69
= 135.46
Fair Isaac Corporation's Days Sales Outstanding (DSO) fluctuated over the past five years, with a peak of 152.43 days in September 2023 and a low of 123.99 days in September 2021. The DSO for September 2024 stands at 135.46 days, showing a slight improvement compared to the prior year.
A lower DSO indicates that the company is collecting its accounts receivable more quickly, which can improve cash flow and liquidity. On the other hand, a higher DSO may suggest potential issues with collections efficiency.
Overall, Fair Isaac Corporation should continue to monitor its DSO closely to ensure efficient management of its accounts receivable and timely collection of revenue.
Peer comparison
Sep 30, 2024