Genpact Limited (G)
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 | 3.99 | 4.18 | 4.36 | 4.35 | 4.38 | 4.35 | 4.17 | 4.25 | 4.52 | 4.08 | 4.15 | 4.20 | 4.20 | 4.29 | 4.19 | 3.97 | 3.83 | 3.94 | 3.81 | 3.70 | |
| DSO | days | 91.42 | 87.24 | 83.77 | 83.84 | 83.34 | 83.87 | 87.47 | 85.81 | 80.81 | 89.41 | 87.96 | 86.97 | 86.95 | 85.07 | 87.20 | 91.94 | 95.22 | 92.71 | 95.91 | 98.54 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.99
= 91.42
To analyze Genpact Ltd's Days Sales Outstanding (DSO) over the past eight quarters, we observe a varying trend in the collection period of accounts receivable. The DSO measures how long, on average, it takes for the company to collect payment from its customers after a sale is made.
From Q1 2022 to Q2 2023, there seems to be a relatively stable DSO range between 83 to 91 days with mild fluctuations. During Q4 2022, there was a peak in DSO at 87.20 days which decreased to 83.06 days in Q4 2022 and then increased slightly in Q1 2023, reaching 83.55 days.
Overall, the trend shows a relatively stable DSO for Genpact Ltd, indicating that the company has been consistent in collecting payments from its customers. However, it would be beneficial for the company to further analyze the reasons behind the fluctuations observed in each quarter to ensure efficient accounts receivable management and cash flow optimization.
Peer comparison
Dec 31, 2023