Boot Barn Holdings Inc (BOOT)
Days of sales outstanding (DSO)
Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | 186.21 | 180.27 | 222.93 | 215.60 | 82.39 | 164.18 | 182.21 | 141.95 | 126.10 | 109.06 | 143.47 | 167.51 | 154.03 | 172.83 | 89.40 | 105.21 | 69.96 | 59.33 | 60.61 | 75.45 | |
DSO | days | 1.96 | 2.02 | 1.64 | 1.69 | 4.43 | 2.22 | 2.00 | 2.57 | 2.89 | 3.35 | 2.54 | 2.18 | 2.37 | 2.11 | 4.08 | 3.47 | 5.22 | 6.15 | 6.02 | 4.84 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 186.21
= 1.96
Days of Sales Outstanding (DSO) is a measure used to evaluate how long it takes for a company to collect its accounts receivable. Boot Barn Holdings Inc has shown fluctuations in its DSO over the periods provided in the data. The trend indicates a general improvement in the efficiency of the company in collecting its receivables, as the DSO has decreased from 4.84 days on June 30, 2020, to 1.96 days on March 31, 2025.
The decrease in DSO signifies that Boot Barn Holdings Inc is collecting payments from customers more quickly, which can improve its cash flow and liquidity position. A lower DSO indicates that the company is managing its accounts receivable more effectively and realizing sales revenue faster.
Overall, the decreasing trend in DSO is a positive signal for Boot Barn Holdings Inc, suggesting that the company is efficiently managing its accounts receivable and potentially minimizing credit risks. It showcases an improvement in the company's collection processes and its ability to convert sales into cash efficiently. Investors and stakeholders may view this trend favorably, as it reflects positively on the company's financial management and operational performance.
Peer comparison
Mar 31, 2025