Cavco Industries Inc (CVCO)
Days of sales outstanding (DSO)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 19.04 | 12.72 | 14.24 | 10.90 | 10.62 | |
| DSO | days | 19.17 | 28.71 | 25.62 | 33.50 | 34.36 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 19.04
= 19.17
The Days Sales Outstanding (DSO) for Cavco Industries Inc has shown a decreasing trend over the past five years, starting at 34.36 days on March 31, 2021, and reaching 19.17 days on March 31, 2025. This signifies that the company has been able to collect its accounts receivable more efficiently over time.
The decrease in DSO indicates that Cavco Industries Inc has improved its credit and collection processes, resulting in faster conversion of credit sales into cash. A lower DSO implies that the company is managing its accounts receivable effectively and may have stricter credit policies in place.
Overall, the declining DSO trend for Cavco Industries Inc is a positive sign of strong liquidity management and efficient working capital practices, suggesting better control over receivables and potentially improved cash flows. It indicates a healthier financial position and operational efficiency for the company over the analyzed period.
Peer comparison
Mar 31, 2025