Caleres Inc (CAL)

Days of sales outstanding (DSO)

Feb 3, 2024 Oct 28, 2023 Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019
Receivables turnover 18.22 16.90 19.95 18.10 19.74 17.01 21.01 14.86 17.88 13.54 17.38 13.98 13.14 11.51 14.66 18.16 18.01 14.40 8.78 5.04
DSO days 20.04 21.59 18.30 20.16 18.49 21.46 17.37 24.57 20.42 26.96 21.00 26.11 27.77 31.71 24.89 20.10 20.27 25.35 41.56 72.41

February 3, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 18.22
= 20.04

Days Sales Outstanding (DSO) is a key financial ratio that measures the average number of days it takes for a company to collect payment after a sale has been made. A lower DSO indicates that the company is collecting payments from customers more quickly, which is generally seen as a positive sign of efficient working capital management.

Analyzing Caleres Inc's DSO over the past several periods, we observe some fluctuation in the metric. The DSO has ranged from a low of 17.37 days to a high of 72.41 days over the periods presented. This variability may indicate changes in the company's credit policies, customer payment behaviors, or the nature of its sales transactions.

It is noteworthy that the company's DSO has generally been trending downwards over the most recent periods, which suggests that Caleres Inc has been improving its accounts receivable management and is collecting payments more promptly. This trend is a positive signal, as it reflects efficient working capital practices and stronger cash flow generation for the company.

Further analysis of Caleres Inc's DSO trend over time can provide insights into the company's financial health, customer relationships, and operational efficiency, helping investors and stakeholders make informed decisions about the company's performance and prospects.


Peer comparison

Feb 3, 2024