What does DSO stand for and what does it represent? Select the best answer.

$1.$days sales outstanding, it represents the amount of previous sales from the last month.

$2.$days stock on$-$hand, it shows the total length of time that our on$-$hand inventory will be sufficient given a particular usage.

$3.$days sales outstanding, it represents the number of days in the previous month when no sales were generated incorrect Distractor.

$4.$days sales outstanding, it represents how long it takes for our customers.