Dick’s Sporting Goods Inc (DKS)
Days of sales outstanding (DSO)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 109.41 | 154.58 | 174.36 | 160.32 | 164.98 | |
| DSO | days | 3.34 | 2.36 | 2.09 | 2.28 | 2.21 |
February 3, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 109.41
= 3.34
Dick’s Sporting Goods Inc has seen a fluctuation in its Days of Sales Outstanding (DSO) over the past five years. In the most recent fiscal year, as of February 3, 2024, the DSO stood at 3.34 days, representing an increase compared to the previous year's DSO of 2.36 days. This indicates that it took the company, on average, 3.34 days to collect its accounts receivable.
Comparing to two years prior, the DSO has increased significantly from 2.09 days to 3.34 days, suggesting a potential delay in the collection of receivables. However, in the fiscal year January 30, 2021, and February 1, 2020, the DSO was relatively stable at around 2.2 to 2.3 days.
Overall, the trend in DSO for Dick’s Sporting Goods Inc indicates a recent increase in the number of days it takes to collect its receivables, which may warrant further investigation into the company's credit policies and collection processes.
Peer comparison
Feb 3, 2024