Cal-Maine Foods Inc (CALM)

The Days of Sales Outstanding (DSO) for Cal-Maine Foods Inc. demonstrates a pattern of moderate fluctuation over the analyzed period. As of May 31, 2023, the DSO was approximately 21.72 days, indicating that the company took around 22 days to collect its receivables, reflecting efficiency in cash collection processes at that time. By June 3, 2023, the DSO remained unchanged at 21.72 days, suggesting stability in receivables management during this short interval.

However, by May 31, 2024, the DSO increased to approximately 25.49 days, representing an elongation of about 3.77 days compared to the prior year. This increment implies that the company’s collection period extended, which could be attributable to changes in credit policies, customer payment behaviors, or shifts in the company's sales mix or terms. The data for June 1, 2024, confirms this value, maintaining the DSO at 25.49 days.

In the subsequent year, by May 31, 2025, the DSO decreased slightly to approximately 23.33 days. This reduction suggests a marginal improvement in the company's receivables collection cycle, bringing the collection period closer to its previous shorter duration observed in 2023. Overall, the DSO values indicate that while Cal-Maine Foods Inc. experienced a temporary increase in the average collection period, recent data shows a trend toward improved receivables management. The fluctuations reflect operational or strategic adjustments that may impact working capital efficiency, with the current DSO levels indicating a reasonable balance between credit granting and collection efficiency.