Robert Half International Inc (RHI)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 7.50 | 7.45 | 7.12 | 6.56 | 7.16 | |
| DSO | days | 48.64 | 48.97 | 51.29 | 55.62 | 51.01 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.50
= 48.64
The days sales outstanding (DSO) for Robert Half International Inc has shown a fluctuating trend over the past five years. Starting at 51.01 days on December 31, 2020, the DSO increased to 55.62 days by December 31, 2021. However, it decreased slightly to 51.29 days by December 31, 2022, followed by a further reduction to 48.97 days by December 31, 2023. The most recent data point indicates a DSO of 48.64 days as of December 31, 2024.
Overall, the trend suggests that the company has been successful in managing its accounts receivable collection efficiency, as evidenced by the decreasing DSO figures over the years. A lower DSO indicates that the company is collecting its outstanding receivables more quickly, which can have positive implications for cash flow and liquidity. Continued monitoring of this metric will be essential to assess the company's ability to efficiently manage its accounts receivable in the future.
Peer comparison
Dec 31, 2024