Brady Corporation (BRC)

Days of sales outstanding (DSO)

Jul 31, 2024 Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020
Receivables turnover 7.23 7.22 7.10 6.71 7.40
DSO days 50.47 50.53 51.41 54.39 49.34

July 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.23
= 50.47

Brady Corporation's Days Sales Outstanding (DSO) measures the average number of days it takes the company to collect revenue after making a sale. Lower DSO values indicate that the company is converting its sales into cash more efficiently.

From 2020 to 2024, Brady Corporation's DSO has fluctuated within a relatively narrow range, with a peak of 54.39 days in 2021 and a low of 49.34 days in 2020. The DSO for the most recent year, 2024, stands at 50.47 days.

Overall, Brady Corporation has been able to maintain a fairly consistent collection period over the years, which can be seen as a positive sign of effective accounts receivable management. A stable DSO indicates that the company has been successful in managing its credit policies and collecting payments from customers in a timely manner.


Peer comparison

Jul 31, 2024

Company name
Symbol
DSO
Brady Corporation
BRC
50.47
Amcor PLC
AMCR
50.77
Hillenbrand Inc
HI
85.10