TechTarget, Inc. Common Stock (TTGT)
Days of sales outstanding (DSO)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 4.44 | 3.45 | 5.60 | 5.26 | 6.09 | 5.86 | 5.67 | 5.22 | 5.58 | 4.93 | 4,941.79 | 4.88 | 5.46 | 5.16 | 5.10 | 5.01 | 4.52 | 3.69 | 5.67 | 5.32 | |
| DSO | days | 82.17 | 105.71 | 65.22 | 69.40 | 59.96 | 62.28 | 64.39 | 69.97 | 65.47 | 74.06 | 0.07 | 74.76 | 66.82 | 70.80 | 71.52 | 72.91 | 80.74 | 98.85 | 64.32 | 68.66 |
June 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.44
= 82.17
The days of sales outstanding (DSO) for TechTarget, Inc. show notable fluctuations over the analyzed period from June 2020 to June 2025. Initially, the DSO decreased from approximately 68.66 days as of June 2020 to a low of around 64.32 days by September 2020, indicating an improvement in receivables collection efficiency. However, a significant increase occurred by December 2020, with DSO rising sharply to approximately 98.85 days, suggesting a deterioration in the collection process or changes in credit terms.
Throughout 2021, the DSO largely stabilized, fluctuating around the 70-day mark, with readings of 72.91 days in June, 71.52 days in September, followed by a slight decrease to 70.80 days in December, indicating relative consistency in receivables management during this period. In early 2022, the DSO decreased further to around 66.82 days in March, but later in the year, it increased again to approximately 74.76 days by June. A notable anomaly appears in September 2022, where the DSO reports as approximately 0.07 days, which likely indicates a data error or reporting irregularity.
The DSO then exhibits a generally stable trend throughout late 2022 and early 2023, with values hovering around 65 to 74 days, suggesting steady receivables collection performance. The most recent data points up to March 2024 indicate a decrease to approximately 59.96 days, reflecting improved efficiency. However, the subsequent periods show an uptick, reaching about 69.40 days in June 2024 and 65.22 days in September 2024, before a sharp and concerning spike to 105.71 days in March 2025. This significant increase suggests a potential deterioration in receivables collection or changes in credit policy, possibly linked to financial or operational challenges. The DSO then decreases again to approximately 82.17 days in June 2025, though it remains well above prior historical levels.
Overall, the DSO for TechTarget demonstrates periods of stability interrupted by notable spikes, particularly at the end of the analyzed timeframe, reflecting variability in receivables management and collection efficiency. The abrupt fluctuations, especially the extreme readings, warrant further investigation to understand underlying causes and their implications for the company’s liquidity and operational efficiency.
Peer comparison
Jun 30, 2025