Days Sales Outstanding (DSO) is a measure of how quickly customers pay for goods and services received. DSO is calculated by taking the average value of all accounts receivable over a certain period, dividing it by the total sales made in that same period, and multiplying the result by the number of days in that period. It can provide an important insight into a business’s financial health and liquidity and give an idea of what the expected wait time is when offering credit. Keeping track of DSO is vital for any successful enterprise, so don’t keep your customers waiting – start monitoring your Days Sales Outstanding now!