Intuitive Surgical Inc (ISRG)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		7.31	6.74	6.95	7.63	7.04
DSO	days	49.91	54.16	52.51	47.85	51.83

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.31
= 49.91

Intuitive Surgical Inc's Days Sales Outstanding (DSO) is a metric used to measure the average number of days it takes for the company to collect revenue after making a sale.

Based on the provided data:
- As of December 31, 2020, the DSO was 51.83 days.
- By December 31, 2021, the DSO improved to 47.85 days, indicating that the company was able to collect revenue more efficiently.
- However, by December 31, 2022, the DSO increased to 52.51 days, suggesting that the company took longer to collect revenue from sales.
- The trend continued with the DSO reaching 54.16 days by December 31, 2023.
- It then improved slightly to 49.91 days by December 31, 2024.

Overall, the trend in DSO for Intuitive Surgical Inc shows some variability over the years, with fluctuations between periods of more efficient and less efficient revenue collection. The company should monitor this metric closely to ensure timely collection of revenues, maintain healthy cash flows, and manage its working capital efficiently.