Teradata Corp (TDC)

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		6.85	6.92	7.35	5.61	5.14	7.79	7.57	6.29	6.11	7.12	6.85	5.43	5.73	5.89	5.57	4.21	4.68	6.08	4.06	3.59
DSO	days	53.30	52.75	49.65	65.03	71.06	46.88	48.23	58.05	59.77	51.28	53.26	67.25	63.66	61.99	65.50	86.70	78.04	60.07	89.94	101.71

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.85
= 53.30

To analyze Teradata Corp's days of sales outstanding (DSO) over the past eight quarters, we observe a fluctuation in the DSO figures. In Q1 2023, the DSO was 70.12 days, indicating that on average, it took the company 70.12 days to collect its accounts receivable. This figure decreased in Q2 2023 to 53.53 days, suggesting an improvement in the efficiency of the company's accounts receivable collection process.

However, in Q3 2023 and Q4 2023, the DSO increased slightly to 57.11 days and 56.95 days, respectively. Compared to the same periods in the previous year, the DSO for Q4 2023 and Q3 2023 is lower than in Q4 2022 and Q3 2022, indicating that the company has been more efficient in collecting its accounts receivable recently.

Overall, Teradata Corp's DSO has shown some variability over the analyzed quarters, but the trend seems to be towards a more efficient collection of accounts receivable. It is important for the company to continue monitoring and managing its DSO to ensure a healthy cash flow and liquidity position.