Apogee Enterprises Inc (APOG)
Days of sales outstanding (DSO)
| Feb 28, 2025 | Mar 2, 2024 | Feb 29, 2024 | Feb 28, 2023 | Feb 25, 2023 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | 8.16 | — | — | 7.30 | |
| DSO | days | — | 44.71 | — | — | 49.98 |
February 28, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) metric measures how long it takes for a company to collect its accounts receivable. In the case of Apogee Enterprises Inc:
- On February 25, 2023, the DSO was 49.98 days, indicating that, on average, it took approximately 50 days for the company to collect its receivables.
- Unfortunately, there is no data available for DSO on February 28, 2023, February 29, 2024, and February 28, 2025.
- On March 2, 2024, the DSO improved to 44.71 days, suggesting a reduction in the average collection period compared to the previous available data point.
Overall, the DSO figure provides insights into Apogee Enterprises Inc's efficiency in collecting payments from its customers. A lower DSO suggests better receivables management, while a higher DSO may indicate potential liquidity issues or difficulties in collecting outstanding amounts. Further data points on DSO would be needed to assess the trend more accurately and draw more definitive conclusions about the company's accounts receivable management practices.