Liquidity Services Inc (LQDT)

Days of sales outstanding (DSO)

		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	Dec 31, 2019
Receivables turnover		32.02	38.55	34.26	40.96	40.45	49.82	50.33	35.92	23.78	33.88	41.71	34.50	44.01	44.55	38.69	44.37	38.87	40.66	36.69	37.53
DSO	days	11.40	9.47	10.65	8.91	9.02	7.33	7.25	10.16	15.35	10.77	8.75	10.58	8.29	8.19	9.43	8.23	9.39	8.98	9.95	9.73

September 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 32.02
= 11.40

Based on the data provided, Liquidity Services Inc's Days of Sales Outstanding (DSO) fluctuated over the past quarters. DSO represents the average number of days it takes for a company to collect revenue after a sale is made.

1. Liquidity Services Inc's DSO ranged from a low of 7.25 days to a high of 15.35 days over the past few quarters.
2. A lower DSO indicates that the company is efficient in collecting its accounts receivable, while a higher DSO may suggest inefficiencies in collection efforts.
3. The trend in DSO shows some volatility, with some quarters showing improvements in collection times and others showing slight increases.
4. Analysis of DSO should be considered alongside other financial metrics to assess the overall financial health and efficiency of the company's operations.
5. It is important for Liquidity Services Inc to monitor and manage its DSO effectively to ensure timely collection of receivables and maintain healthy cash flows.

Overall, fluctuations in DSO for Liquidity Services Inc may indicate varying levels of efficiency in managing accounts receivable and collecting revenue, which could impact the company's liquidity and cash flow management.