Gartner Inc (IT)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 3.72 | 3.75 | 3.52 | 3.43 | 3.22 | |
| DSO | days | 98.07 | 97.42 | 103.71 | 106.55 | 113.44 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.72
= 98.07
Gartner Inc's Days Sales Outstanding (DSO) has shown a decreasing trend over the past five years, indicating an improvement in the company's ability to collect payments from its customers promptly. The DSO decreased from 113.44 days as of December 31, 2020, to 98.07 days as of December 31, 2024. This suggests that the company has been able to manage its accounts receivable more efficiently, potentially indicating better credit control measures or a more effective collection process. The decreasing DSO trend is generally viewed positively as it signifies faster conversion of sales into cash, enhancing the company's liquidity and overall financial health.