Stride Inc (LRN)

The Days Sales Outstanding (DSO) for Stride Inc. over the specified periods indicates a pattern of variations in the company's receivables collection efficiency. As of June 30, 2021, the DSO was approximately 87.71 days, suggesting that it took nearly three months on average for the company to collect its receivables. This figure increased slightly to about 90.58 days by June 30, 2022, and further to approximately 92.12 days by June 30, 2023, reflecting a gradual deterioration in receivables collection efficiency during this period.

However, a notable improvement is observed in the subsequent period, where the DSO decreased to roughly 84.58 days by June 30, 2024. This reduction signifies enhanced collection efforts or potentially more lenient credit terms, leading to quicker recoveries of accounts receivable. The DSO remained relatively stable into the next year, registering approximately 84.92 days as of June 30, 2025, indicating a plateau in collection efficiency following the improvement.

Overall, the trend from 2021 through 2023 shows a worsening of collection periods, which might be indicative of more lenient credit policies, challenges in receivables management, or changes in the customer base. The subsequent reduction in DSO in 2024 suggests a strategic shift or operational improvements that enhanced accounts receivables turnover. Maintaining a lower DSO is generally favorable, as it reflects quicker cash collection and improved liquidity, while higher DSO values could pose potential liquidity risks if prolonged excessively.

Peer comparison

Jun 30, 2025