Insperity Inc (NSP)

Days of sales outstanding (DSO)

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Receivables turnover		9.31	—	540.31	10.06	9.51	10.26	8.02	7.84	9.67	8.16	7.60	7.73	10.90	8.13	9.15	8.42	9.25	8.68	9.63	9.41
DSO	days	39.21	—	0.68	36.27	38.37	35.59	45.50	46.54	37.73	44.71	48.02	47.23	33.50	44.88	39.91	43.34	39.45	42.04	37.91	38.80

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.31
= 39.21

Insperity Inc's Days Sales Outstanding (DSO) has shown fluctuations over the past eight quarters. In Q4 2023, the DSO stood at 39.05 days, a slight increase from the previous quarter's 37.48 days. This indicates that on average, it took Insperity Inc approximately 39 days to collect its accounts receivable in Q4 2023.

Comparing the Q4 figures across the years, the current DSO of 39.05 days is slightly higher than the DSO of 38.28 days in Q4 2022. This suggests a potentially slower collection of accounts receivable in the most recent quarter compared to the same period in the previous year.

Looking at the trend over the past eight quarters, there is a pattern of variability in DSO, with some quarters showing lower values (e.g., Q2 and Q3 2022) and others higher values (e.g., Q1 and Q2 2022). The highest DSO in recent quarters was observed in Q2 2022, with 45.80 days, and the lowest was in Q2 2023, with 35.82 days.

Overall, while there are fluctuations in DSO, Insperity Inc should continue to monitor this metric closely to ensure efficient management of its accounts receivable and cash flow.