DSOs were really bad last year. We need to see them going down as part of Q1 call. From the Q4 call, "we expect DSOs on revenues generated in 2013 to be under 100 days and overall DSOs to improve gradually, as older receivables are collected."
Velti has made similar statements in Q3 that didn't materialize in Q4. That's why going forward, results matter. I give more credence to the above quote because of the new CFO and those countries causing the high DSOs will be totally out of the picture by the end of 2013 or thereabouts.