Grid Dynamics Holdings Inc (GDYN)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Based on the provided data, Grid Dynamics Holdings Inc's days of sales outstanding (DSO) have been omitted or unavailable for analysis for all the reported periods from March 31, 2020, to December 31, 2024.
Understanding DSO is important as it indicates the average number of days it takes for a company to collect payments after making sales. A low DSO typically signifies efficient collections management, while a high DSO could indicate potential issues with accounts receivable collection.
In the absence of specific DSO values, it is challenging to assess Grid Dynamics Holdings Inc's performance in managing accounts receivable and collecting payments from customers in a timely manner. Monitoring and analyzing DSO over time can provide insights into the company's effectiveness in credit and collections management, liquidity, and potential cash flow constraints.
Given the importance of DSO in understanding a company's financial health and operational efficiency, it would be beneficial for Grid Dynamics Holdings Inc to provide this information in its financial reporting to allow for a more comprehensive analysis of its working capital management and overall financial performance.
Peer comparison
Dec 31, 2024