Qualys Inc (QLYS)
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 | 3.79 | 5.23 | 4.20 | 4.98 | 4.02 | 4.75 | 4.59 | 4.79 | 3.77 | 4.70 | 4.47 | 4.38 | 3.62 | 5.49 | 4.51 | 4.57 | 4.12 | 5.07 | 4.75 | 4.26 | |
| DSO | days | 96.26 | 69.81 | 86.96 | 73.28 | 90.78 | 76.88 | 79.59 | 76.18 | 96.76 | 77.63 | 81.72 | 83.29 | 100.74 | 66.51 | 80.94 | 79.80 | 88.56 | 71.93 | 76.84 | 85.60 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.79
= 96.26
To analyze Qualys Inc's days of sales outstanding (DSO), we calculate the average DSO for each quarter.
Average DSO for Q4 2023: (96.26 days + 69.81 days + 86.96 days + 73.28 days) / 4 = 81.08 days
Average DSO for Q3 2023: (69.81 days + 86.96 days + 73.28 days + 90.78 days) / 4 = 80.21 days
Average DSO for Q2 2023: (86.96 days + 73.28 days + 90.78 days + 76.88 days) / 4 = 81.48 days
Average DSO for Q1 2023: (73.28 days + 90.78 days + 76.88 days + 79.59 days) / 4 = 80.13 days
Average DSO for Q4 2022: (90.78 days + 76.88 days + 79.59 days + 76.18 days) / 4 = 80.36 days
Overall, Qualys Inc's DSO has shown some fluctuations over the quarters, ranging from approximately 69.81 days to 96.26 days. The average DSO over the analyzed period was around 80.45 days.
A lower DSO indicates that the company is collecting receivables more quickly, which can be a positive sign of efficient cash flow management. Conversely, a higher DSO may suggest potential issues with collections or credit management. Monitoring DSO trends can help assess the effectiveness of Qualys Inc's accounts receivable process and its overall financial health.
Peer comparison
Dec 31, 2023