Campbell Soup Company Common Stock (CPB)

Days of sales outstanding (DSO)

		Jul 28, 2024	Jul 30, 2023	Jul 31, 2022	Aug 1, 2021	Aug 2, 2020
Receivables turnover		15.30	17.69	15.83	14.25	15.11
DSO	days	23.86	20.64	23.06	25.62	24.15

July 28, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 15.30
= 23.86

The Days of Sales Outstanding (DSO) ratio for Campbell Soup Company Common Stock has shown some fluctuations over the past five years. In the most recent period ending on July 28, 2024, the DSO was 23.86 days, representing the average number of days it takes for the company to collect its accounts receivable.

Comparing this to the prior years, we observe a decreasing trend in DSO from 2021 to 2023, reaching a low of 20.64 days on July 30, 2023. This indicates that the company was able to collect its receivables more efficiently during those periods.

However, there was a slight increase in DSO to 23.86 days in 2024, suggesting a potential delay in collecting receivables compared to the previous year. Overall, it is essential for investors and analysts to monitor changes in the DSO ratio as it can provide valuable insights into the company's ability to manage its accounts receivable effectively.