Cavco Industries Inc (CVCO)
Days of sales outstanding (DSO)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 8.01 | 11.94 | 11.22 | 11.50 | 12.71 | 13.89 | 12.73 | 13.66 | 14.24 | 16.96 | 14.24 | 11.57 | 10.90 | 11.96 | 9.88 | 11.59 | 10.62 | 10.36 | 11.47 | 10.80 | |
| DSO | days | 45.55 | 30.57 | 32.53 | 31.73 | 28.72 | 26.29 | 28.67 | 26.72 | 25.62 | 21.52 | 25.63 | 31.54 | 33.50 | 30.53 | 36.95 | 31.48 | 34.36 | 35.24 | 31.82 | 33.79 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.01
= 45.55
Days of Sales Outstanding (DSO) is a financial ratio that measures the average number of days a company takes to collect payment after making a sale. For Cavco Industries Inc, the DSO has fluctuated over the past few years.
From June 30, 2020, to June 30, 2022, the DSO remained relatively stable, ranging between 31.48 days to 36.95 days. However, there was a significant improvement in the DSO from September 30, 2022, to December 31, 2024, with the DSO decreasing from 25.63 days to 30.57 days.
The most recent data as of March 31, 2025, indicates a notable increase in the DSO to 45.55 days. This increase may suggest potential issues with the company's accounts receivable management or changes in the sales and collection process that could impact cash flow efficiency.
Overall, Cavco Industries Inc should monitor its DSO closely to ensure efficient management of accounts receivable and timely collection of payments to maintain healthy cash flow and optimize working capital.
Peer comparison
Mar 31, 2025