Apogee Enterprises Inc (APOG)
Days of sales outstanding (DSO)
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Mar 2, 2024 | Feb 29, 2024 | Nov 30, 2023 | Nov 25, 2023 | Aug 31, 2023 | Aug 26, 2023 | May 31, 2023 | May 27, 2023 | Feb 28, 2023 | Feb 25, 2023 | Nov 30, 2022 | Nov 26, 2022 | Aug 31, 2022 | Aug 27, 2022 | May 31, 2022 | May 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | 10.50 | — | — | 10.59 | — | 10.37 | — | 8.69 | — | 9.48 | — | 9.90 | — | 9.23 | — | 8.80 | |
| DSO | days | — | — | — | — | 34.76 | — | — | 34.48 | — | 35.21 | — | 42.02 | — | 38.49 | — | 36.85 | — | 39.55 | — | 41.49 |
February 28, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) ratio for Apogee Enterprises Inc shows the average number of days it takes for the company to collect revenue from its sales. A decreasing trend in DSO over time is usually indicative of improved efficiency in receivables management and faster cash conversion.
From the data provided:
- On May 28, 2022, the DSO was 41.49 days, indicating it took the company an average of 41.49 days to collect sales revenue.
- By November 25, 2023, the DSO had decreased to 34.48 days, suggesting improved efficiency in collection.
- Further, as of March 2, 2024, the DSO was 34.76 days, continuing the trend of efficient receivables management.
The incomplete data points where DSO is not provided suggest that these specific dates may be outside the reporting timeline or the company may have not disclosed the DSO figures for those periods.
Overall, the decreasing trend in DSO suggests that Apogee Enterprises Inc has been effective in managing its accounts receivable and collecting sales revenue more promptly.