Academy Sports Outdoors Inc (ASO)
Days of sales outstanding (DSO)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|
| Receivables turnover | 315.55 | 384.60 | 340.93 | 324.00 | |
| DSO | days | 1.16 | 0.95 | 1.07 | 1.13 |
February 3, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 315.55
= 1.16
Days Sales Outstanding (DSO) is a financial ratio used to assess how efficiently a company is managing its accounts receivable. A lower DSO indicates that the company is collecting payments from customers more quickly, which is generally favorable.
Academy Sports Outdoors Inc's DSO has shown a slight fluctuation over the past four years. In the most recent fiscal year, ending on February 3, 2024, the DSO was 1.16 days, which was higher than the previous year's 0.95 days. However, compared to two years ago, the DSO was lower at 1.07 days.
While a DSO of around 1 day suggests that Academy Sports Outdoors Inc is efficiently collecting payments from customers, the slight increase in the most recent year may indicate a potential delay in collecting receivables. The company should continue to monitor its DSO to ensure efficient management of its accounts receivable and maintain healthy cash flow.
Peer comparison
Feb 3, 2024