Yelp Inc (YELP)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 9.24 | 9.14 | 9.69 | 9.96 | 9.54 | |
| DSO | days | 39.49 | 39.94 | 37.66 | 36.63 | 38.27 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.24
= 39.49
To analyze Yelp Inc's days of sales outstanding (DSO) over the past five years, we can observe a trend in the DSO metric.
The DSO for Yelp Inc has shown some fluctuation over the years, ranging from a low of 36.96 days in 2020 to a high of 40.34 days in 2022. In 2023, the DSO decreased slightly to 39.90 days compared to the previous year.
A lower DSO indicates that the company is collecting its accounts receivable more efficiently, while a higher DSO suggests that it takes longer for the company to collect payments from its customers.
Overall, the DSO trend for Yelp Inc seems relatively stable, with minor fluctuations observed. It is essential for the company to monitor and manage its DSO effectively to ensure the timely collection of accounts receivable and maintain healthy cash flows.
Peer comparison
Dec 31, 2023