PTC Inc (PTC)

Days of sales outstanding (DSO)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Receivables turnover		2.67	2.43	2.94	3.24	3.33
DSO	days	136.79	150.31	123.97	112.65	109.46

September 30, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 2.67
= 136.79

PTC Inc's Days Sales Outstanding (DSO) has shown fluctuations over the past five years. In Sep 2024, the DSO was reported at 136.79 days, which decreased from the previous year's figure of 150.31 days in Sep 2023. This indicates that the company took fewer days to collect its accounts receivable in 2024 compared to 2023. However, the DSO in 2024 was higher than the DSO figures reported in 2022, 2021, and 2020, suggesting a potential inefficiency in accounts receivable collection compared to those years. Overall, analyzing the trend in DSO can provide insights into the effectiveness of PTC Inc's credit and collection policies and its ability to manage its accounts receivable efficiently.