Intuitive Surgical Inc (ISRG)

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		7.31	7.37	7.31	6.93	6.74	7.59	7.82	7.35	6.95	7.45	7.36	6.76	7.54	8.17	7.63	7.19	6.96	7.54	8.78	8.88
DSO	days	49.91	49.55	49.90	52.63	54.16	48.09	46.66	49.69	52.51	49.02	49.60	54.03	48.42	44.67	47.85	50.76	52.46	48.39	41.58	41.08

December 31, 2024 calculation

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

The Days Sales Outstanding (DSO) for Intuitive Surgical Inc has shown some fluctuation over the periods provided. The trend indicates a general increase from March 31, 2020, to December 31, 2024, with occasional fluctuations along the way.

Specifically, the DSO increased from 41.08 days on March 31, 2020, to 54.16 days on December 31, 2023, before decreasing slightly to 49.91 days on December 31, 2024. This suggests that the company's accounts receivable turnover has slowed down, as it takes longer to collect payments from customers over time.

While there have been variations, it is essential to monitor and evaluate the reasons behind these changes in DSO, as a consistently high DSO can indicate issues with credit and collection policies, potential liquidity problems, or changes in the company's customer base. Further analysis and benchmarking against industry standards would provide a deeper understanding of Intuitive Surgical Inc's efficiency in managing its accounts receivable.