Kyndryl Holdings Inc (KD)

Days of sales outstanding (DSO)

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Dec 31, 2021	Sep 30, 2021
Receivables turnover		8.12	8.28	7.93	8.91	8.93	9.02	8.54
DSO	days	44.93	44.07	46.02	40.96	40.88	40.47	42.72

March 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.12
= 44.93

Kyndryl Holdings Inc's Days Sales Outstanding (DSO) measures the average number of days it takes for the company to collect revenue after making a sale. A lower DSO value indicates that the company is collecting payments more quickly, while a higher value suggests slower collections.

Analyzing Kyndryl's DSO over the past quarters, we observe fluctuations in the metric. The DSO was 44.93 days as of March 31, 2024, slightly higher compared to the previous quarter at 44.07 days. This increase indicates that the company took slightly longer to collect payments from its customers in the most recent quarter.

Looking back to June 30, 2023, the DSO was higher at 46.02 days, suggesting that collections improved in the subsequent quarters. The lowest DSO value was recorded on March 31, 2023, at 40.88 days, indicating a more efficient collection process at that time.

Overall, Kyndryl's DSO has shown some variability, but generally, it has remained within a relatively stable range over the past quarters. It would be important for the company to monitor its DSO closely to ensure efficient cash flow management and timely collections in the future.