Uber Technologies Inc (UBER)

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		9.05	9.80	10.82	10.32	9.14	9.39	8.31	6.93	5.83	7.70	7.39	6.68	7.25	9.57	11.47	11.25	7.92
DSO	days	40.35	37.25	33.73	35.38	39.95	38.85	43.91	52.71	62.57	47.39	49.41	54.68	50.36	38.15	31.82	32.45	46.10

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.05
= 40.35

To analyze Uber Technologies Inc's Days of Sales Outstanding (DSO) over the past eight quarters, it is observed that the trend has been fluctuating. DSO has ranged from a low of 33.73 days in Q2 2023 to a high of 52.71 days in Q1 2022. This indicates varying levels of efficiency in collecting accounts receivable over different periods.

Overall, there seems to be an improvement in DSO from Q1 2022 to Q2 2023, with a general downward trend in recent quarters. Lower DSO values, such as in Q2 2023, suggest that Uber is able to collect on its sales more quickly, which is a positive sign for the company's cash flow and liquidity.

However, it is important to note that DSO alone may not provide a comprehensive view of Uber's overall financial health. Further analysis, in conjunction with other financial ratios and metrics, would be necessary to obtain a more complete understanding of Uber's performance and efficiency in managing its accounts receivable.