How do you create a DSO formula in Lucanet?

You can easily set up formulas in Lucanet to gain more insight into your numbers. Most Lucanet users already use formulas for net margin % and other KPIs. But did you know that it is also quite easy to set up a formula for a DSO (Days Sales Outstanding) calculation?

What do you need for this?

• Your trade receivables
• Turnover measured over a specific period (for example the past 3 or 12 months)
• The number of days in the selected period

This video explains how to create the DSO formula.

Of course, you can also use this methodology to create a DPO (Days Payable Outstanding) or DIO (Days Inventory Outstanding).

We would be happy to help you gain more insight into your own numbers. Would you like that too? Please contact us!