DSO Calculator
The daily sales outstanding (DSO) is a way for businesses to measure how efficient and good their accounts receivable operations are when it comes to collecting outstanding payments from clients.
DSO Calculator
What can knowing your DSO do for you?
By knowing your daily sales outstanding (DSO) you as a business owner can have a better understanding of your businesses cash flow, profitability, and overall financial status.
With this information you can make tweaks and changes to your businesses operations to increase profitability and efficiency.
How can you improve your businesses DSO?
Some ways to improve your businesses daily sales outstanding is by implementing some of the following strategies:
Automated payment notifications using software
Pre-payment or deposit before product is delivered
Checking client credit score before delivering product
Offering different payment options for the client
“We will work with you to develop an accounts receivable strategy to reduce the amount of outstanding invoices”
- Danny Khanna, Managing Partner