Nvidia (NVDA) just delivered another blockbuster quarter, reaffirming its dominance at the center of the AI boom. Yet despite the blowout numbers, a new wave of skepticism has swept across parts of Wall Street. As analysts digest the company’s Q3 results, one particular metric has become a focal point for bearish arguments: Days Sales Outstanding, or DSO — the average number of days it takes a company to collect payment after a credit sale.
It’s an accounting measure that rarely enters the mainstream conversation, but in Nvidia’s case, critics argue that an increase in DSO is a sign of trouble. Some skeptics have gone as far as comparing it to early warning signs seen in major accounting scandals, claiming the rise signals financial irregularities or even hints of fraud. Their argument hinges on whether Nvidia is taking longer to get paid, potentially masking underlying issues in demand.
