Heidrick & Struggles International (HSII)
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 | 8.31 | 5.86 | 5.76 | 6.18 | 7.82 | 5.40 | 5.12 | 6.50 | 6.70 | 4.97 | 4.46 | 4.84 | 5.91 | 4.17 | 3.85 | 4.33 | 5.84 | 4.69 | 4.67 | 4.47 | |
| DSO | days | 43.95 | 62.24 | 63.40 | 59.10 | 46.67 | 67.63 | 71.32 | 56.18 | 54.48 | 73.40 | 81.87 | 75.47 | 61.78 | 87.44 | 94.80 | 84.36 | 62.50 | 77.87 | 78.11 | 81.65 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.31
= 43.95
Days of Sales Outstanding (DSO) is an important financial metric that indicates how efficiently a company is managing its accounts receivable. For Heidrick & Struggles International, the DSO values vary over time as follows:
- The DSO decreased from 81.65 days on March 31, 2020, to 43.95 days on December 31, 2024.
- The lowest DSO was recorded on December 31, 2024, at 43.95 days, suggesting efficient management of accounts receivable.
- The highest DSO was observed on June 30, 2021, at 94.80 days, indicating a longer collection period for receivables.
- There are fluctuations in DSO throughout the period, which may suggest changes in the company's credit policies or the timing of collections.
- Overall, a decreasing trend in DSO over time is generally positive as it signifies quicker collection of receivables and improved liquidity for the company.
In conclusion, Heidrick & Struggles International has shown fluctuations in its DSO over the analyzed period, with efforts to manage accounts receivable efficiently reflected in the declining trend of DSO towards the end of the period.
Peer comparison
Dec 31, 2024