Caseys General Stores Inc (CASY)

Days of sales outstanding (DSO)

		Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Receivables turnover		87.82	88.02	104.90	85.16	97.53
DSO	days	4.16	4.15	3.48	4.29	3.74

April 30, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 87.82
= 4.16

The Days Sales Outstanding (DSO) for Caseys General Stores Inc. over the period from April 2021 through April 2025 demonstrates relatively stable trends with minor fluctuations. Specifically, the DSO measured 3.74 days on April 30, 2021, indicating prompt collection of receivables during that period. This value increased modestly to 4.29 days by April 30, 2022, suggesting a slight elongation in the collection cycle.

Following this, the DSO decreased to 3.48 days as of April 30, 2023, signifying an improvement in receivables collection efficiency. However, in subsequent periods, there was a slight uptick, with the DSO reaching 4.15 days on April 30, 2024, and marginally increasing again to 4.16 days by April 30, 2025. These figures remain well within a narrow range, reflecting consistent and stable receivables management.

Overall, the data indicates that Caseys General Stores Inc. maintains a consistently short collection period, generally around 3.5 to 4.3 days, which is indicative of efficient credit and collection policies. The slight variations observed across the years do not suggest any significant deterioration or improvement in the company's receivables management practices.