SolarWinds Corp (SWI)

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		6.90	7.77	8.74	7.46	7.35	8.13	8.69	6.71	7.16	7.65	8.48	7.22	7.47	8.52	7.05	6.05	6.15	6.54	7.91	7.22
DSO	days	52.92	46.96	41.75	48.92	49.69	44.87	42.01	54.43	50.97	47.70	43.04	50.54	48.87	42.86	51.78	60.36	59.36	55.77	46.12	50.56

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.90
= 52.92

Days Sales Outstanding (DSO) is a key financial metric that indicates the average number of days it takes a company to collect revenue after a sale is made. In the case of SolarWinds Corp, the DSO values have fluctuated over the reported periods.

From March 31, 2020, to December 31, 2024, the DSO for SolarWinds Corp ranged from a low of 41.75 days to a high of 60.36 days. A decreasing trend in DSO generally suggests that the company is collecting revenue more efficiently, while an increasing trend may indicate potential issues with accounts receivable management.

It is notable that there have been fluctuations in SolarWinds Corp's DSO values over the periods, with some quarters showing improvements in collection efficiency (e.g., June 30, 2022) and others showing an increase in the time it takes to collect revenue (e.g., March 31, 2021).

Overall, a sustained effort to monitor and manage DSO effectively is crucial for SolarWinds Corp to ensure cash flow stability and optimize working capital management. Further analysis may be needed to understand the specific factors driving the changes in DSO and to implement strategies for improvement where necessary.