Buckle Inc (BKE)

Days Sales Outstanding (DSO) is a financial ratio that measures the average number of days it takes for a company to collect payment after making a sale. A lower DSO indicates that the company is more efficient in collecting its accounts receivable.

Analyzing the DSO trend for Buckle Inc over the past five years, we can observe fluctuations in the collection period. In the latest period ending February 3, 2024, the DSO improved to 2.52 days compared to the previous year's 3.43 days. This indicates that Buckle Inc was able to collect its accounts receivable faster in the most recent period.

Looking back further, we see a similar trend in the DSO figures. In January 2022 and January 2021, the DSO stood at 3.41 days and 1.14 days, respectively. This suggests that in the year ending January 2022, the company took longer to collect receivables compared to the previous year. However, there was a significant improvement in the collection period in January 2021.

Comparing the DSO to the year ending February 1, 2020, we find that although there was a slight increase in DSO from 1.27 days to 2.52 days in the latest period, Buckle Inc's ability to collect receivables remains efficient overall.

Overall, the trend analysis of Buckle Inc's DSO indicates fluctuations in the collection period over the past five years, with the company showing efficiency in collecting receivables in recent years. Continued monitoring of DSO will be essential to assess the company's effectiveness in managing its accounts receivable going forward.

Peer comparison

Feb 3, 2024