Palantir Technologies Inc. Class A Common Stock (PLTR)

Days of sales outstanding (DSO)

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Receivables turnover		3.96	3.76	4.79	6.10	4.94	5.44	7.81	7.38	5.33	6.56	6.42	8.08	8.21	5.47
DSO	days	92.15	97.08	76.15	59.84	73.90	67.07	46.71	49.48	68.47	55.62	56.86	45.20	44.48	66.77

September 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.96
= 92.15

The Days of Sales Outstanding (DSO) for Palantir Technologies Inc. Class A Common Stock has varied over the past few quarters. DSO represents the average number of days it takes for a company to collect payment after making a sale. A higher DSO indicates slower collections and potentially liquidity issues, while a lower DSO suggests efficient collection practices.

Looking at the DSO trend for Palantir Technologies Inc., we observe fluctuations in the collection period. In the most recent quarter ending September 30, 2024, the DSO was 92.15 days, indicating a slight increase from the previous quarter. This suggests that the company took longer to collect payments from customers during this period.

Comparing the DSO to historical data, we see that the DSO has shown a general upward trend in recent quarters, with occasional decreases. The peak in DSO was recorded in June 30, 2024, at 97.08 days. This could signal potential challenges in collections efficiency during that period. However, there have been periods, such as in March 31, 2023, where the DSO was notably lower at 46.71 days, indicating more effective collection practices.

Overall, it is essential for Palantir Technologies Inc. to closely monitor and manage its DSO to ensure timely collections and maintain healthy cash flow operations. fluctuations in DSO could impact the company's working capital management and financial health in the long run.