VeriSign Inc (VRSN)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 278.11 | 237.00 | 229.82 | 251.25 | 272.53 | |
| DSO | days | 1.31 | 1.54 | 1.59 | 1.45 | 1.34 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 278.11
= 1.31
VeriSign Inc's days of sales outstanding (DSO) has been relatively stable over the past five years, ranging from 1.31 days to 1.59 days. This indicates that the company is efficient in collecting payments from its customers, as it takes a very short time to convert its accounts receivable into cash. The gradual increase in DSO from 2020 to 2022 may suggest a slight delay in collecting payments, but the subsequent decrease in 2024 indicates an improvement in the collection process. Overall, the company's low DSO values reflect strong credit management practices and effective accounts receivable policies.
Peer comparison
Dec 31, 2024