Gartner Inc (IT)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 3.75 | 3.52 | 3.43 | 3.22 | 3.15 | |
| DSO | days | 97.42 | 103.71 | 106.55 | 113.44 | 115.75 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.75
= 97.42
The days sales outstanding (DSO) for Gartner, Inc. have shown a decreasing trend over the past five years. In 2019, the DSO was at 114.01 days, which reduced to 110.54 days in 2020, further declining to 105.26 days in 2021, and dropping to 103.77 days in 2022. Notably, the DSO decreased to 98.94 days as of December 31, 2023. This signifies that the company is collecting its accounts receivable more efficiently over time. A lower DSO indicates that Gartner, Inc. is managing its receivables better and converting its sales into cash at a faster rate, which could potentially improve its cash flow and liquidity position.
Peer comparison
Dec 31, 2023