Campbell Soup Company Common Stock (CPB)

Days of sales outstanding (DSO)

		Jul 28, 2024	Apr 28, 2024	Jan 28, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	Apr 26, 2020	Jan 26, 2020	Oct 27, 2019
Receivables turnover		15.30	14.52	14.60	12.81	17.69	17.57	15.37	12.14	15.83	16.53	13.61	11.45	14.25	15.02	12.77	11.57	15.11	12.63	12.24	11.09
DSO	days	23.86	25.13	25.00	28.49	20.64	20.78	23.74	30.06	23.06	22.08	26.82	31.87	25.62	24.30	28.58	31.56	24.15	28.89	29.82	32.90

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 few quarters. The DSO reflects how long it takes for the company to collect revenue from its sales.

The trend indicates that the company's accounts receivable collection efficiency has been somewhat inconsistent. For instance, there was a decrease in DSO from 28.49 days in October 2023 to 20.64 days in July 2023, suggesting an improvement in collecting receivables. However, this was followed by an increase to 30.06 days in October 2022, indicating a potential delay in collecting payments.

Overall, the DSO ratio has been hovering in the range of low to mid-20s to low 30s days over the past several quarters. This variability could indicate a need for the company to enhance its credit management and collection processes to ensure timely cash flow generation from sales.

It would be important for investors and stakeholders to closely monitor the DSO trend in conjunction with other financial metrics to assess the company's overall financial health and operational efficiency.