Burlington Stores Inc (BURL)
Days of sales outstanding (DSO)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 130.81 | 122.41 | 172.35 | 92.73 | 79.63 | |
| DSO | days | 2.79 | 2.98 | 2.12 | 3.94 | 4.58 |
February 3, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 130.81
= 2.79
To analyze Burlington Stores Inc's days of sales outstanding (DSO) over the past five years, we observe a trend of fluctuating values. In the most recent fiscal year, ending on February 3, 2024, the DSO stood at 2.79 days, which represents the number of days it takes for the company to collect its accounts receivable. This figure decreased compared to the previous year, where the DSO was 2.98 days as of January 28, 2023.
Looking back further, we notice a significant decrease in DSO in fiscal year 2022, with a value of 2.12 days as of January 29, 2022. This lower DSO indicates a more efficient collection of accounts receivable during that period. However, the DSO rose in the prior year, reaching 3.94 days as of January 30, 2021, and further increased to 4.58 days as of February 1, 2020.
Overall, while there have been fluctuations in Burlington Stores Inc's DSO over the past five years, the trend in the most recent fiscal year shows an improvement in the speed of accounts receivable collection, which is a positive indicator for the company's liquidity and working capital management.
Peer comparison
Feb 3, 2024