Inari Medical Inc (NARI)

Days of sales outstanding (DSO) is a metric used to evaluate how efficiently a company is managing its accounts receivable. It measures the average number of days it takes for a company to collect payment after making a sale. In the case of Inari Medical Inc, the trend in DSO over the past four years has shown improvement.

In 2020, Inari Medical Inc had a DSO of 73.19 days, indicating that, on average, it took the company approximately 73 days to collect payment after a sale. However, this figure decreased to 55.81 days in 2021, showing a notable improvement in the collection process. This trend continued in 2022 with a DSO of 55.79 days, indicating further efficiency in accounts receivable management. In 2023, the DSO decreased even more to 51.85 days, reflecting a positive trend in collections.

Overall, Inari Medical Inc has been able to reduce its DSO over the past four years, indicating that the company has been improving its collections process and managing its accounts receivable more effectively. Lower DSO values suggest faster collection of payments and better liquidity management, which can ultimately contribute to the company's financial health and stability.

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Dec 31, 2023