Grid Dynamics Holdings Inc (GDYN)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | |
| DSO | days | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) ratio for Grid Dynamics Holdings Inc has not been provided for the years 2020 to 2024 in the data you provided. Without this information, we are unable to evaluate the efficiency of the company in collecting its accounts receivable. The DSO ratio is a key metric that helps measure how long it takes for a company to convert its accounts receivable into cash.
A lower DSO value typically indicates that the company is able to collect payments from customers more quickly, which is a positive indicator of efficient cash flow management. Conversely, a higher DSO may suggest potential issues with the company's credit policies, collection procedures, or the creditworthiness of its customers.
Without specific DSO data for Grid Dynamics Holdings Inc, it is challenging to assess the effectiveness of the company's accounts receivable management over the specified years. It would be beneficial to have this information to gain further insights into the company's financial performance and liquidity position.
Peer comparison
Dec 31, 2024