Fortive Corp (FTV)

Days of sales outstanding (DSO)

		Dec 31, 2024	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
Receivables turnover		6.57	6.73	6.50	6.27	6.17	6.34	6.24	6.14	5.96	6.22	—	—	5.65	—	—	—	7.88	5.85	6.25	5.58
DSO	days	55.55	54.21	56.17	58.18	59.20	57.58	58.54	59.40	61.28	58.68	—	—	64.61	—	—	—	46.35	62.44	58.42	65.46

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.57
= 55.55

Fortive Corp's Days Sales Outstanding (DSO) measures the average number of days it takes for the company to collect its accounts receivable. From March 31, 2020, to December 31, 2024, the DSO of Fortive Corp fluctuated within a certain range.

Initially, the DSO stood at 65.46 days in March 2020, indicating a relatively long collection period. Over the next few quarters, the DSO decreased to 46.35 days by December 2020, reflecting an improvement in the company's receivables collection efficiency.

However, the DSO increased again to 64.61 days by the end of December 2021, suggesting a slight lag in collecting receivables compared to the previous year. The DSO remained relatively stable in the following quarters, ranging between 54.21 days and 59.40 days up to March 31, 2024.

Overall, Fortive Corp's DSO trend shows variability, with periods of improvement followed by slight increases. It is essential for the company to manage its accounts receivable effectively to ensure timely collection and maintain a healthy cash flow position.