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