Days sales outstanding (DSO)
Days sales outstanding: receivables as days of revenue
How it is worked out
Receivables ÷ trailing revenue × 365How many days of sales are still owed by customers. A high figure is revenue booked that has not yet been paid for: slow-paying customers, generous terms, or sales pulled forward. Read against the company's own history and its peers -- a contractor and a grocer live on different scales.
How to read it
lower is better; fifteen days or under reads as cash on delivery, five months as a business financing its customers
Highest on this measure
| # | Company | DSO |
|---|---|---|
| 1 | BCH Bank of Chile | 0.78 days |
| 2 | BTGO BitGo Holdings, Inc. | 0.78 days |
| 3 | UGP Ultrapar Participacoes SA ADR | 0.81 days |
| 4 | WRBY Warby Parker Inc. | 0.83 days |
| 5 | GO Grocery Outlet Holding Corp. | 0.91 days |
| 6 | LUV Southwest Airlines Company | 0.95 days |
| 7 | CNCK Coincheck Group N.V. | 0.98 days |
| 8 | MSC Studio City International Holdings Limited | 0.99 days |
Which figures it needs
Computed from 2 figures taken from the filing:
receivablesrevenue
The XBRL tags behind it
These are the element names looked for in a filing, in order. The first one a company reports is the one used, and the company page names which it was — so any figure here can be checked against the filing it came from.
AccountsReceivableNetCurrentReceivablesNetCurrentTradeAndOtherCurrentReceivablesCurrentTradeReceivablesTradeReceivablesRevenueFromContractWithCustomerExcludingAssessedTaxRevenuesRevenueFromContractWithCustomerIncludingAssessedTaxSalesRevenueNetSalesRevenueServicesNetRevenueFromContractsWithCustomersRevenue
Whether it counts
This measure is not counted by default. It can be added to Quality on the dashboard, and it then takes its share of that dimension.