Abercrombie & Fitch Company (ANF)

Days of sales outstanding (DSO)

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Receivables turnover		54.64	35.38	53.73	37.27	45.15
DSO	days	6.68	10.32	6.79	9.79	8.08

February 3, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 54.64
= 6.68

Abercrombie & Fitch Company's Days of Sales Outstanding (DSO) have fluctuated over the past five years. In 2024, the DSO decreased to 6.68 days from 10.32 days in 2023, indicating that the company collected its accounts receivable more efficiently. This improvement might suggest better credit control or prompt customer payments. Comparing 2024 to 2022, there was a slight increase in DSO from 6.79 days to 6.68 days, but the difference is minimal.

However, looking further back to 2021 and 2020, Abercrombie & Fitch saw an improvement in DSO performance in 2024 compared to those years where the DSO was higher at 9.79 days and 8.08 days, respectively. This reduction means the company has been collecting its accounts receivable at a faster rate, potentially improving cash flow and liquidity.

Overall, Abercrombie & Fitch Company's DSO has shown a positive trend in 2024, reflecting efficient management of accounts receivable and potentially signaling strong financial health and effective credit policies.