Intuit Inc (INTU)

Days of sales outstanding (DSO)

		Jul 31, 2025	Apr 30, 2025	Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020
Receivables turnover		9.50	2.51	2.95	12.33	12.37	10.55	7.35	14.09	12.82	9.92	7.13	12.83	12.14	17.30	10.10	19.76	14.91	15.93	12.49	61.23
DSO	days	38.44	145.16	123.68	29.59	29.52	34.60	49.69	25.91	28.48	36.81	51.16	28.45	30.06	21.10	36.14	18.47	24.48	22.92	29.23	5.96

July 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.50
= 38.44

The analysis of Intuit Inc.'s Days of Sales Outstanding (DSO) over the specified period reveals significant fluctuations indicative of changes in the company's receivables management and customer payment behaviors.

From October 31, 2020, to October 31, 2021, DSO generally remained within a relatively narrow range, fluctuating between approximately 5.96 days and 36.14 days. The notably low DSO of 5.96 days in October 2020 suggests an efficient collection process during that period, likely reflecting early payments or swift receivables turnover. Subsequently, the DSO increased somewhat, reaching 29.23 days in January 2021 and 22.92 days in April 2021, before rising again to a peak of 36.14 days in January 2022.

The period from January 2022 through October 2022 exhibited moderate variability, with DSO values moving roughly between 21.10 days and 30.06 days. Occasional increases, such as the 36.81 days recorded in April 2023, indicate temporary elongations in receivables collection periods.

A significant escalation occurs starting January 2023, where DSO jumps to 51.16 days, followed by a further increase to 123.68 days in January 2025. These substantial increases imply a deterioration in receivables collection efficiency, potentially caused by changes in customer credit terms, billing issues, or increased collection challenges.

Throughout 2024, DSO values show some stabilization, generally fluctuating around the 25-35 day range, but the sharp rise to 123.68 days in January 2025 starkly contrasts with prior figures, signaling a serious shift in receivables management or customer payment patterns.

In summary, the DSO trend indicates that while Intuit maintained efficient receivables collection practices in the earlier years, recent periods have experienced pronounced delays, particularly starting in early 2023. These extended collection periods are atypical and could adversely impact cash flow, liquidity, and overall financial health if the trend persists.