Okta Inc (OKTA)

The data indicates that Okta Inc’s Days of Sales Outstanding (DSO) has experienced fluctuations over the analyzed period from January 31, 2021, to January 31, 2025.

At the beginning of the period, as of January 31, 2021, the DSO was approximately 85.12 days. This figure increased substantially by January 31, 2022, reaching approximately 111.73 days, representing a significant elongation in the average time taken to collect receivables. The increase suggests either a lengthening of the company's credit terms, slower collections, or a potential rise in overdue accounts during that period.

Following this peak in early 2022, the DSO decreased to approximately 94.49 days by January 31, 2023. Although still elevated compared to the 2021 figure, this decline indicates some improvement in collection efficiency or a possible tightening of credit policies.

The downward trend persisted into January 31, 2024, with the DSO reducing further to about 90.16 days. This continued decrease reflects ongoing efforts or favorable changes in collections, leading to a reduction in the accounts receivable period.

By January 31, 2025, the DSO further declined slightly to 86.84 days, approaching closer to the 2021 levels. This trend suggests that the company's accounts receivable collection process has become more efficient relative to the peak observed in 2022, although the DSO remains above the initial period.

In summary, Okta Inc’s DSO exhibited a notable increase during 2021, followed by a gradual but consistent decrease over the subsequent years. The pattern indicates periods of collection challenges that were later mitigated, possibly through improved credit policies or collection strategies, bringing the DSO closer to pre-2022 levels. Nonetheless, as of 2025, the DSO still remains somewhat elevated relative to 2021, which could imply a persistent moderate level of receivables management or credit terms characteristic of the company's operating environment.

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Jan 31, 2025