Cavco Industries Inc (CVCO)

The Days of Sales Outstanding (DSO) is a crucial metric that reflects how efficiently a company manages its accounts receivable. Cavco Industries Inc's DSO has fluctuated over the past five years. In 2020, the DSO was relatively low at 14.98 days, indicating that the company was collecting its outstanding receivables quickly. However, there was a significant increase in 2021, with the DSO jumping to 29.56 days, suggesting a potential delay in collecting receivables.

The trend continued in 2022, with the DSO reaching 26.26 days, indicating a persistent issue in receivables management. However, there was an improvement in 2023, where the DSO decreased to 18.12 days, although it remained higher compared to the initial year of observation.

In the most recent period ending on March 31, 2024, the DSO further reduced to 15.68 days. This decline may suggest that Cavco Industries Inc has been more effective in collecting its accounts receivable in a timely manner.

Overall, the varying DSO values highlight fluctuations in Cavco Industries Inc's efficiency in collecting receivables over the past five years. It is essential for the company to closely monitor and manage its DSO to ensure a healthy cash flow and maintain positive relationships with its customers.