Academy Sports Outdoors Inc (ASO)
Days of sales outstanding (DSO)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 316.24 | 343.24 | 422.04 | 602.80 | 385.43 | 401.48 | 449.17 | 522.96 | 342.19 | 528.14 | 581.73 | ||||
| DSO | days | 1.15 | 1.06 | 0.86 | 0.61 | 0.95 | 0.91 | 0.81 | 0.70 | 1.07 | 0.69 | 0.63 |
February 3, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 316.24
= 1.15
The Days Sales Outstanding (DSO) ratio for Academy Sports Outdoors Inc has shown some fluctuations over the past few quarters. DSO measures how long it takes for the company to collect outstanding receivables from customers.
From the data provided:
- The DSO was 1.15 days on Feb 3, 2024, which showed a slight increase compared to the previous quarter's DSO of 1.06 days on Oct 28, 2023.
- The DSO was at its lowest at 0.61 days on Apr 29, 2023, indicating that the company was able to collect outstanding receivables more efficiently during that period.
- There were some fluctuations in DSO throughout the past quarters, but overall, the ratio seems to be well-managed and relatively low, suggesting that Academy Sports Outdoors Inc has been effective in collecting payments from its customers in a timely manner.
It is important for the company to monitor and manage its DSO closely to ensure efficient cash flow and minimize the risk of bad debts. Further analysis and comparison with industry benchmarks could provide more insights into the company's receivables management efficiency.
Peer comparison
Feb 3, 2024