Chewy Inc (CHWY)
Days of sales outstanding (DSO)
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 72.35 | 79.91 | 70.56 | 58.30 | 59.76 | |
| DSO | days | 5.05 | 4.57 | 5.17 | 6.26 | 6.11 |
January 28, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 72.35
= 5.05
The days of sales outstanding (DSO) for Chewy Inc have shown a fluctuating trend over the past five years. In the most recent fiscal year (ending January 28, 2024), the DSO was recorded at 5.05 days, which is slightly higher compared to the previous fiscal year at 4.57 days. This indicates that Chewy Inc took slightly longer to collect its accounts receivable in the latest fiscal period.
However, when compared to the fiscal years ending January 30, 2022, and January 31, 2021, the DSO was lower at 5.17 days and 6.26 days, respectively. This suggests an improvement in the efficiency of Chewy Inc's accounts receivable collection process over the past two years.
Furthermore, the DSO for the fiscal year ending February 2, 2020, was 6.11 days, indicating a slight decrease in the number of days it took Chewy Inc to collect its accounts receivable compared to the most recent fiscal year.
Overall, while there has been some variability in Chewy Inc's DSO over the past five years, the recent increase in DSO may warrant further investigation into the company's accounts receivable management practices and the impact on its cash flow and working capital.
Peer comparison
Jan 28, 2024