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