TechTarget Inc (TTGT)

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		6.29	6.04	5.38	5.66	4.94	4.58	4.49	5.01	4.70	5.07	4.98	4.51	3.68	5.66	5.29	5.71	4.92	5.22	4.64	4.84
DSO	days	58.07	60.45	67.91	64.52	73.84	79.75	81.30	72.87	77.66	71.93	73.28	81.00	99.06	64.45	69.06	63.98	74.23	69.99	78.75	75.36

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.29
= 58.07

Techtarget Inc.'s Days of Sales Outstanding (DSO) measures the average number of days it takes for the company to collect revenue from its customers. A lower DSO indicates that the company is collecting payments more quickly, which can improve cash flow and working capital management.

Based on the data provided, Techtarget Inc.'s DSO has shown fluctuations over the past eight quarters. The DSO was relatively high in the previous year, ranging from 73.52 days to 74.76 days. However, in the latest quarter, Q4 2023, the DSO decreased to 62.28 days, which may suggest that the company has improved its collection efficiency.

It is important to monitor DSO trends over time to assess the effectiveness of the company's credit and collection policies. A decreasing trend in DSO can indicate efficient accounts receivable management, while an increasing trend may raise concerns about potential liquidity issues or credit risks.

Overall, the recent decrease in DSO for Techtarget Inc. could be a positive signal of effective cash management, but further analysis and monitoring of this metric are recommended to evaluate its sustainability and impact on the company's financial performance.