Fair Isaac Corporation (FICO)

Days of sales outstanding (DSO)

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Receivables turnover		2.69	2.39	2.20	2.60	2.39	2.36	2.49	2.73	2.69	2.85	3.25	3.31	2.94	3.17	3.11	2.67	2.51	2.68	2.70	2.88
DSO	days	135.46	152.54	165.68	140.19	152.58	154.55	146.53	133.46	135.90	128.26	112.35	110.40	123.99	114.97	117.47	136.78	145.41	136.38	135.02	126.91

September 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 2.69
= 135.46

The days of sales outstanding (DSO) for Fair Isaac Corporation have shown some fluctuation over the historical periods provided. DSO represents the average number of days it takes for a company to collect payment after a sale has been made. A higher DSO indicates that the company is taking longer to collect its accounts receivable, potentially signaling inefficiencies in its collection processes or issues with customer creditworthiness.

Looking at the data provided, we can observe that the DSO has generally been in the range of 110 to 165 days over the past few years. There appears to be seasonality in the DSO figures, with some quarters showing higher DSO values compared to others. For example, in the most recent quarter (September 30, 2024), the DSO was 135.46 days, which was higher compared to the previous quarter (June 30, 2024) at 152.54 days.

Analyzing the trend over time, it seems that the DSO has been somewhat volatile, with fluctuations occurring from period to period. It would be important for Fair Isaac Corporation to closely monitor and manage its collections process to ensure timely receipt of payments and improve its cash flow.

In conclusion, the DSO metric for Fair Isaac Corporation has shown variations over the historical periods provided, indicating the need for the company to focus on improving its accounts receivable management to enhance its overall financial performance.