Roper Technologies, Inc. (ROP)

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		6.95	7.12	7.61	7.25	6.60	6.98	7.30	7.62	6.58	7.13	6.92	5.73	5.28	5.43	4.25	4.37	4.22	4.65	5.10	5.34
DSO	days	52.50	51.26	47.95	50.37	55.32	52.27	50.03	47.91	55.45	51.20	52.74	63.70	69.13	67.24	85.83	83.48	86.53	78.53	71.62	68.32

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.95
= 52.50

Based on the provided data, Roper Technologies, Inc.'s days of sales outstanding (DSO) has shown some fluctuations over the years. DSO measures the average number of days a company takes to collect revenue after a sale is made. A lower DSO indicates that the company is collecting payments from customers more quickly, which can be a positive sign of effective credit management and liquidity.

Roper Technologies' DSO decreased from 68.32 days on March 31, 2020, to 52.74 days on June 30, 2022, signifying a significant improvement in collecting sales revenue. The company's DSO remained relatively stable at around 50-55 days from June 2022 to December 2024, indicating consistent efficiency in collecting payments from customers.

Overall, the trend in Roper Technologies' DSO suggests that the company has been managing its accounts receivable effectively and ensuring timely collection of sales proceeds, which is a positive indicator for its financial health and operational efficiency.