Boot Barn Holdings Inc (BOOT)
Days of sales outstanding (DSO)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 186.21 | 82.39 | 126.10 | 154.03 | 69.96 | |
| DSO | days | 1.96 | 4.43 | 2.89 | 2.37 | 5.22 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 186.21
= 1.96
Boot Barn Holdings Inc has shown a trend of decreasing Days Sales Outstanding (DSO) over the past five years, reflecting the efficiency of its accounts receivable management. In March 31, 2021, the DSO stood at 5.22 days, indicating that on average, it took the company 5.22 days to collect revenue from its credit sales. Over the subsequent years, this metric improved significantly, reaching 2.37 days by March 31, 2022, 2.89 days by March 31, 2023, and further decreasing to 1.96 days by March 31, 2025.
The decreasing trend in DSO suggests that Boot Barn Holdings Inc has been able to collect outstanding receivables more quickly, which is a positive indicator of its liquidity and operational efficiency. A lower DSO figure implies that the company has been more effective in managing its receivables and converting them into cash. This trend may also signify strong customer relationships, effective credit policies, and efficient collection processes. However, the slight increase in DSO to 4.43 days by March 31, 2024 could warrant monitoring to ensure it does not lead to deteriorating cash flows or credit risks. Overall, the decreasing trend in DSO over the years reflects positively on the company's financial health and operational effectiveness in managing its receivables.
Peer comparison
Mar 31, 2025