Fair Isaac Corporation (FICO)
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 | 2.60 | 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 | 2.73 | 3.49 | 3.87 | |
| DSO | days | 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 | 133.74 | 104.46 | 94.24 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 2.60
= 140.19
To analyze Fair, Isaac Corp.'s days of sales outstanding (DSO), we will compute the DSO for each period using the formula: DSO = (Accounts Receivable / Total Credit Sales) * Number of Days in the Period.
Using the data provided, we can calculate the DSO for each period as follows:
- Dec 31, 2023: (Accounts Receivable / Total Credit Sales) * 91 days
- Sep 30, 2023: (Accounts Receivable / Total Credit Sales) * 92 days
- Jun 30, 2023: (Accounts Receivable / Total Credit Sales) * 91 days
- Mar 31, 2023: (Accounts Receivable / Total Credit Sales) * 90 days
- Dec 31, 2022: (Accounts Receivable / Total Credit Sales) * 92 days
- Sep 30, 2022: (Accounts Receivable / Total Credit Sales) * 91 days
- Jun 30, 2022: (Accounts Receivable / Total Credit Sales) * 90 days
- Mar 31, 2022: (Accounts Receivable / Total Credit Sales) * 93 days
After calculating the DSO for each period, we can analyze the trend over time to assess the efficiency of Fair, Isaac Corp.'s accounts receivable management. A decreasing trend in DSO suggests that the company is collecting receivables more quickly, while an increasing trend indicates potential issues with collecting payments from customers.
Overall, a detailed and comprehensive analysis of the DSO trend will provide insights into the company's management of accounts receivable and its potential impact on cash flow and working capital management.
Peer comparison
Dec 31, 2023