Oracle Corporation (ORCL)

Days of sales outstanding (DSO)

		May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020	Nov 30, 2019	Aug 31, 2019
Receivables turnover		6.73	7.19	7.57	7.80	7.22	12.20	11.97	12.21	11.91	15.02	15.37	15.20	12.54	14.33	14.98	14.47	11.92	16.00	16.39	17.35
DSO	days	54.27	50.80	48.20	46.78	50.53	29.91	30.48	29.90	30.66	24.30	23.75	24.01	29.10	25.48	24.37	25.23	30.62	22.81	22.26	21.03

May 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.73
= 54.27

The days of sales outstanding (DSO) for Oracle Corporation have fluctuated over the past few years. In the most recent period ending on May 31, 2024, the DSO was 54.27 days, representing an increase compared to the previous period. This indicates that it took Oracle 54.27 days on average to collect its accounts receivable from customers.

Looking further back, we observe a decreasing trend in the DSO from the peak of 50.53 days on May 31, 2023, to the low of 21.03 days on November 30, 2019. A lower DSO is generally viewed positively as it suggests efficient management of accounts receivable and quicker conversion of credit sales into cash.

Overall, Oracle's DSO fluctuates within a certain range, highlighting the importance of regularly monitoring and managing the company's accounts receivable to optimize cash flow and working capital efficiency.