Domino’s Pizza Inc (DPZ)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Sep 10, 2023 | Jun 18, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 11, 2022 | Jun 19, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 12, 2021 | Jun 20, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 6, 2020 | Jun 14, 2020 | Mar 22, 2020 | Dec 31, 2019 | Sep 8, 2019 | Jun 16, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 15.84 | 17.87 | 17.34 | 17.56 | 17.62 | — | — | 17.75 | 17.07 | — | — | 17.93 | 16.84 | — | — | — | — | — | — | — | |
| DSO | days | 23.04 | 20.42 | 21.04 | 20.79 | 20.71 | — | — | 20.56 | 21.39 | — | — | 20.36 | 21.68 | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 15.84
= 23.04
To analyze Dominos Pizza Inc's Days of Sales Outstanding (DSO) over the past eight quarters, we observe a fluctuating trend. DSO measures the average number of days it takes for the company to collect payment after making a sale.
In Q4 2023, DSO stood at 23.04 days, showing an increase from the previous quarter's 20.42 days. This indicates a slight delay in collecting payments compared to Q3 2023.
Looking at the broader trend, there has been some variability in DSO over the quarters, with values ranging from a low of 19.74 days in Q3 2022 to a high of 23.04 days in the latest quarter, Q4 2023. Overall, the company has been successful in managing its receivables as DSO figures have generally been in the low 20s range.
It is important for Dominos Pizza Inc to keep a close eye on its DSO metric as an increasing trend may suggest issues with customer credit policies or collection efficiency. Conversely, a decreasing trend could indicate improvements in the company's receivables management and cash flow position.
Peer comparison
Dec 31, 2023