Campbell Soup Company Common Stock (CPB)

Days of sales outstanding (DSO)

		Jul 31, 2024	Jul 28, 2024	Jul 31, 2023	Jul 30, 2023	Jul 31, 2022
Receivables turnover		—	15.30	—	17.69	—
DSO	days	—	23.86	—	20.64	—

July 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

The days of sales outstanding (DSO) for Campbell Soup Company Common Stock have shown fluctuations over the years based on the provided data. In July 2022 and July 2023, specific data was not available ("— days"). However, in July 2023, there was a notable decrease to 20.64 days. This indicates that the company on average took approximately 20.64 days to collect its outstanding sales revenue in that period.

Subsequently, the DSO increased to 23.86 days in July 2024, suggesting a possible lag in receivables collection efficiency. The fluctuation in DSO could be due to various factors such as changes in the company's credit policies, market conditions, customer payment behavior, or the efficiency of the company's accounts receivable management.

Overall, monitoring and analyzing the DSO trend can provide insights into the company's effectiveness in managing its accounts receivable, cash flow, and overall financial health. A lower DSO typically indicates better liquidity and efficiency in collecting receivables, while a higher DSO may signal potential issues in cash flow management or credit risk.