Apogee Enterprises Inc (APOG)

Days Sales Outstanding (DSO) is a key metric used to assess the efficiency of a company's accounts receivable management. A lower DSO indicates a faster collection of receivables, while a higher DSO suggests slower collection and potential liquidity issues.

Analyzing the trend in Apogee Enterprises Inc's DSO over the past five years, we observe fluctuations in the efficiency of their accounts receivable management. In the latest fiscal year ending on March 2, 2024, the DSO decreased to 44.71 days, reflecting an improvement compared to the previous year when it stood at 49.98 days. This decline indicates a more efficient collection of receivables, which could positively impact Apogee's cash flow and working capital management.

Over the five-year period, the DSO has fluctuated within a range of 44.71 days to 52.17 days. Despite some variability, Apogee has generally maintained its DSO below the 50-day mark, which is a positive sign as it indicates a relatively prompt collection of accounts receivable.

It is essential for Apogee Enterprises Inc to continuously monitor and manage their DSO to ensure timely collection of receivables and optimize cash flow. By maintaining a lower DSO, the company can enhance its liquidity position and overall financial health.