Take-Two Interactive Software Inc (TTWO)

Days of sales outstanding (DSO)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Receivables turnover		7.87	8.10	6.68	8.89	7.01	6.78	5.19	5.97	6.03	5.28	4.19	6.89	6.10	5.65	4.26	4.93	5.21	4.43	3.72	8.02
DSO	days	46.38	45.07	54.67	41.05	52.07	53.82	70.27	61.14	60.53	69.13	87.06	53.01	59.87	64.58	85.61	74.02	70.05	82.46	98.06	45.51

March 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.87
= 46.38

The Days of Sales Outstanding (DSO) ratio for Take-Two Interactive Software Inc has shown some fluctuations over the past several quarters. DSO represents the average number of days a company takes to collect revenue after a sale is made.

Analyzing the trend, we observe that the DSO has ranged between 41.05 days to 98.06 days over the last few quarters. A lower DSO indicates that the company is collecting its accounts receivable more efficiently, while a higher DSO suggests delays in collecting payments from customers.

In the most recent quarter, the DSO was 46.38 days, showing a slight increase from the previous quarter's 45.07 days. This could indicate a slight slowdown in the company's ability to collect revenues from sales in a timely manner.

It is essential for Take-Two Interactive Software Inc to monitor and manage its DSO effectively to ensure optimal cash flow and liquidity. Any significant deviations from the historical average DSO should be carefully examined to identify the underlying reasons and take necessary steps to improve collections and overall financial performance.