Robert Half International Inc (RHI)
Days of sales outstanding (DSO)
| Dec 31, 2024 | 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 7.51 | 6.66 | 6.72 | 7.17 | 7.45 | 7.09 | 7.12 | 7.09 | 7.12 | 6.61 | 6.56 | 6.42 | 6.56 | 5.96 | 6.03 | 6.25 | 7.16 | 7.74 | 8.58 | 7.17 | |
| DSO | days | 48.58 | 54.78 | 54.30 | 50.90 | 48.97 | 51.51 | 51.27 | 51.50 | 51.29 | 55.18 | 55.64 | 56.87 | 55.62 | 61.22 | 60.55 | 58.36 | 51.01 | 47.15 | 42.56 | 50.94 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.51
= 48.58
Days Sales Outstanding (DSO) is a key financial metric used to evaluate the efficiency of a company in collecting its accounts receivable. It indicates the average number of days it takes for a company to collect payment after making a sale.
Based on the data provided for Robert Half International Inc, the DSO trend shows some fluctuations over the quarters. The DSO stood at 50.94 days on March 31, 2020, and decreased to 42.56 days by June 30, 2020, indicating a more efficient collection of receivables. However, the DSO increased to 61.22 days on September 30, 2021, before gradually declining to 48.58 days on December 31, 2024.
Overall, the company has effectively managed its DSO over the years, with fluctuations within a reasonable range. The average collection period has shown stability and improvement in some quarters, which is a positive indication of the company's ability to efficiently collect payments from its customers. It is important for the company to continue monitoring and managing its DSO to ensure optimal cash flow and liquidity.
Peer comparison
Dec 31, 2024