Thryv Holdings Inc (THRY)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Based on the provided data, Thryv Holdings Inc's Days of Sales Outstanding (DSO) have shown a slightly fluctuating trend over the past eight quarters. DSO indicates the average number of days the company takes to collect payments from its customers after making a sale.
The DSO for Thryv Holdings Inc ranged from a low of 82.84 days in Q3 2023 to a high of 102.67 days in Q1 2022. Generally, a lower DSO is preferable as it indicates that the company is efficient in collecting payments from its customers, thus improving its cash flow and liquidity position.
In the most recent quarter, Q4 2023, the DSO stood at 83.03 days, showing a slight increase compared to the previous quarter. While the DSO has been relatively stable in recent quarters, management may want to focus on reducing DSO further to enhance cash flow efficiency and potentially strengthen the company's working capital position.
Overall, monitoring and analyzing DSO trends can provide valuable insights into Thryv Holdings Inc's ability to manage its accounts receivable effectively and optimize its working capital management strategies.