Has there been a renewed focus on getting accounts receivable paid faster? Your DSOs continue to come down, what are the key drivers of that?

December 13, 2024

We have long been focused on cash collections and improving working capital. That focus has included shortening certain billing cycles, payment terms, and adding tools and capacity to drive greater efficiencies in our collections process. That said, in any given quarter, our accounts receivables and days sales outstanding (DSO) can be influenced by the mix of segment contributions to revenue as well as by other factors. We tend to focus on a trailing 12-month measurement for DSO in our finance operations.

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