Cracker Barrel Old Country Store (CBRL)

Days of sales outstanding (DSO)

		Aug 2, 2024	Apr 26, 2024	Jan 26, 2024	Oct 27, 2023	Jul 28, 2023	Apr 28, 2023	Jan 27, 2023	Oct 28, 2022	Jul 29, 2022	Apr 29, 2022	Jan 28, 2022	Oct 29, 2021	Jul 30, 2021	Apr 30, 2021	Jan 29, 2021	Oct 30, 2020	Jul 31, 2020	May 1, 2020	Jan 31, 2020	Nov 1, 2019
Receivables turnover		70.65	60.35	82.51	106.29	105.86	107.06	92.92	100.81	94.11	61.88	70.40	65.82	58.16	46.39	31.91	49.51	51.48	—	116.99	—
DSO	days	5.17	6.05	4.42	3.43	3.45	3.41	3.93	3.62	3.88	5.90	5.18	5.55	6.28	7.87	11.44	7.37	7.09	—	3.12	—

August 2, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 70.65
= 5.17

To analyze Cracker Barrel Old Country Store's Days of Sales Outstanding (DSO) over the provided periods, we observe that DSO measures the average number of days it takes for the company to collect revenue after making a sale. Lower DSO values generally indicate a more efficient management of accounts receivable.

From the data provided, we see that the DSO fluctuated over the periods, ranging from as low as 3.12 days to as high as 11.44 days. In general, the trend shows some variability in the collection period, with occasional spikes such as the 11.44 days in January 2021.

The company has maintained relatively low DSO values in more recent periods, with values ranging between 3.41 to 6.05 days, indicating efficient management of accounts receivable. The lowest DSO of 3.12 days was observed in January 2020, suggesting a particularly effective collection process during that period.

However, it is important to note the outlier values, such as the highest DSO of 11.44 days in January 2021 and 7.87 days in January 2019, which may warrant further investigation into the reasons behind these extended collection periods.

Overall, while Cracker Barrel Old Country Store has shown efficient management of accounts receivable with generally low DSO values in recent periods, it should continue to monitor and strive for consistency in its collection activities to ensure healthy cash flows and operational efficiency.