Daily Sales Outstanding:
Daily sales outstanding (DSO) is a measure of the average number of days that it takes to collect payment after treatment has been provided. To complete this section we’ll want to evaluate performance over a period of 4 consecutive months. To provide you with an understanding of your DSO, please submit the below information.
The name of the month (I.e. June, July, August, September)
The total charges that were billed in each respective month
Days In Month:
The total number of days in each month
The total outstanding payments still to be collected at the end of the four-month period you’re evaluating