Capri Holdings Ltd (CPRI)
Days of sales outstanding (DSO)
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 15.46 | 15.43 | 13.85 | 18.11 | 15.16 | 15.52 | 13.36 | 14.65 | 13.05 | 11.98 | 14.14 | 12.71 | 10.84 | 10.94 | 12.51 | 25.36 | 17.96 | 17.71 | 14.95 | 17.03 | |
| DSO | days | 23.60 | 23.65 | 26.35 | 20.15 | 24.08 | 23.52 | 27.32 | 24.91 | 27.97 | 30.48 | 25.82 | 28.71 | 33.67 | 33.37 | 29.19 | 14.40 | 20.32 | 20.61 | 24.42 | 21.44 |
March 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 15.46
= 23.60
To analyze Capri Holdings Ltd's days of sales outstanding (DSO), which measures the average number of days it takes the company to collect revenue after a sale is made, we look at the trend over time:
- DSO has been relatively stable in recent quarters, ranging from 20.15 days in Jun 30, 2023, to 26.35 days in Sep 30, 2023.
- There was a significant decrease in DSO in Mar 31, 2020, where it was only 14.40 days, indicating a more efficient collection process.
- The company experienced an increase in DSO in the following quarters, reaching a peak of 33.67 days in Mar 31, 2021, and then gradually declining.
- DSO for the latest quarter, Mar 31, 2024, stands at 23.60 days, suggesting a slight improvement in the collection efficiency compared to the last few quarters.
Overall, Capri Holdings Ltd's DSO has shown some fluctuations but has generally remained within a reasonable range, indicating a manageable credit and collection process. Monitoring DSO trends can provide insights into the company's cash flow management and efficiency in converting sales into cash.
Peer comparison
Mar 31, 2024