VeriSign Inc (VRSN)

Days of sales outstanding (DSO)

		Dec 31, 2024	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	Mar 31, 2020
Receivables turnover		278.11	257.07	424.47	232.77	237.00	322.15	211.96	—	229.82	108.22	129.57	201.63	251.25	142.86	131.96	202.09	272.53	197.50	233.39	245.25
DSO	days	1.31	1.42	0.86	1.57	1.54	1.13	1.72	—	1.59	3.37	2.82	1.81	1.45	2.55	2.77	1.81	1.34	1.85	1.56	1.49

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 278.11
= 1.31

Days Sales Outstanding (DSO) is a key metric used to assess how efficiently a company is collecting its accounts receivable. A lower DSO indicates that the company is collecting payments from customers more quickly, whereas a higher DSO suggests that the company is taking longer to collect payments.

Analyzing the DSO trend for VeriSign Inc based on the provided data shows fluctuations over the quarters. The DSO figures for the company ranged from as low as 0.86 days to as high as 3.37 days during the period.

The DSO was at its lowest level of 0.86 days on June 30, 2024, indicating that VeriSign Inc was very efficient in collecting payments from customers during that period. However, on September 30, 2022, the DSO reached its highest level of 3.37 days, which suggests that the company took longer to collect payments from customers during that quarter.

Overall, fluctuations in DSO can be influenced by various factors such as changes in the company's credit policies, customer payment behavior, industry trends, and economic conditions. Monitoring DSO over time can provide valuable insights into the company's cash flow management and overall financial health.