Hims Hers Health Inc (HIMS)
Days of sales outstanding (DSO)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | 130.15 | — | — | — | 135.11 | — | — | — | 66.31 | — | — | — | 135.23 | — | — | — | ||
| DSO | days | — | — | — | 2.80 | — | — | — | 2.70 | — | — | — | 5.50 | — | — | — | 2.70 | — | — | — |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The Days of Sales Outstanding (DSO) for Hims Hers Health Inc has shown variability over the past several quarters. The DSO represents the average number of days it takes for the company to collect payment after making a sale. In December 2023 and September 2022, the company managed to collect payment relatively quickly, with DSO standing at 2.70 days. This indicates efficient receivables management during those periods.
On the other hand, the DSO spiked to 5.50 days in December 2021, suggesting a slower collection of payments at that time. The DSO figures for the other quarters are not available, making it challenging to assess the overall trend accurately.
Overall, analyzing DSO can provide insights into the company's credit and collection policies, efficiency in managing receivables, and potential cash flow issues. Further analysis of trends across more periods would provide a more comprehensive understanding of Hims Hers Health Inc's DSO performance.