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Days sales outstanding (DSO) calculates the average number of days it takes a business to collect payment from its customers for sales. ... (182 days), or year (365 days). The formula is: ...
In the formula, DIO stands for "days inventory outstanding," a measure of how long items remain in inventory before selling. DSO is "days sales outstanding," or how long it takes to collect ...
Days receivables outstanding, or DRO, in the accounting lexicon, measures the average number of days it takes a business to collect on its accounts receivable, which is the money customers owe for ...
Days sales outstanding ... and an expert in the fields of financial accounting, ... It is important to remember that the formula for calculating DSO only accounts for credit sales.
Days sales outstanding, or DSO, is the average number of days it takes a business to collect payment on the goods and services it rendered that were provided on credit.