On account of surge in MSG receivables the DSO ( Days of Sales Outstanding) has also increased by 3 days to 63 in comparison to the prior year. Methods and technologies to improve the cash flow Different financial metrics systems such as Return On Equity (ROE), Days of Sales Outstanding, Days of Inventory Outstanding, Days of Payables Outstanding and Operating Cash Cycle were proposed in the previous literature to improve and model the cash flow process of a firm in the supply chain and to evaluate the day-to-day business operation (Stewart, 1995, Bhagwat and Sharma, 2007, Kroes and Manikas, 2014). The Group DSO ( Days of Sales Outstanding) stood at 71 days (67 days end of the year 2017), despite the “days of overdue” are in line with the year 2017.īronto Days of Sales Outstanding As can be seen from the chart in figsaw an average raise from 31 to 53 days, and the year 2018 has started with even higher numbers, with an average of 85 days and March topping out at 120 days, when comparing the first and last figure we can see the overwhelming change that has happened in the past 26 months.

Table 3: Semi-partial correlation Days of Sales Outstanding As reported in table 3, the sum of the contribution of contracts and transaction-specific investments to anti-opportunism equals to 0.106 (0.094+0.012).

The Group is keeping a close eye on the collection of trade receivables and the DSO ( Days of Sales Outstanding) was relatively stable at the end of the 2nd quarter.Ĭustomers generally pay subscription revenues early or mid-month, with short DSOs ( Days of Sales Outstanding) and suppliers are paid under standard commercial terms, thus generating a negative working capital, as evidenced by the difference in the level of receivables and payables (€1,109.4 million vs. The impact from changes in accounts receivable was MSEK –742 (–660), with a negative impact from an increase of Days of Sales Outstanding (DSO) compared to December and also affected negatively by the increased organic sales growth. Days of Sales Outstanding (DSO) Accounts receivables, adjusted for value added tax, in relation to net revenue.

Days of sales outstanding