Core & Main Inc (CNM)
Days of sales outstanding (DSO)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | 7.10 | — | 5.83 | — | 4.99 | — | — | 7.16 | — | 5.38 | — | 5.09 | — | — | 5.88 | |
| DSO | days | — | — | — | — | — | 51.37 | — | 62.63 | — | 73.17 | — | — | 51.00 | — | 67.87 | — | 71.74 | — | — | 62.08 |
January 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Days Sales Outstanding (DSO) is a key efficiency ratio that measures how long, on average, it takes for a company to collect its accounts receivable. A lower DSO is generally favorable as it indicates faster cash collection.
Based on the data provided for Core & Main Inc, the DSO fluctuated over the periods outlined. The DSO was 62.08 days as of January 30, 2022, and increased to 71.74 days by May 1, 2022. This suggests a potential delay in collecting accounts receivable during this period.
Subsequently, the DSO decreased to 51.00 days by January 29, 2023, which indicates a quicker cash conversion cycle. However, there were periods where data was unavailable, highlighted by entries denoted as "— days." This lack of data for certain months can hinder a comprehensive analysis of the trend in DSO.
Overall, monitoring DSO trends can provide insights into a company's credit and collection policies, as well as its efficiency in managing accounts receivable. Core & Main Inc should aim for consistency in its DSO figures to ensure optimal cash flow management and operational efficiency.