Dycom Industries Inc (DY)
Days of sales outstanding (DSO)
| Jan 27, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Jan 25, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 3.33 | 3.53 | 3.41 | 3.71 | 4.03 | |
| DSO | days | 109.60 | 103.29 | 107.02 | 98.34 | 90.67 |
January 27, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 3.33
= 109.60
Dycom Industries, Inc.'s Days of Sales Outstanding (DSO) has shown a fluctuating trend over the past five years. The DSO increased from 89.32 days in January 2020 to 97.91 days in January 2021, indicating a slight deterioration in the collection period for accounts receivable. In the subsequent years, the DSO continued to increase to 104.46 days in January 2022 and further to 102.26 days in January 2023, suggesting a potential slowdown in the collection of receivables.
However, in January 2024, there was a notable increase in the DSO to 108.68 days, which indicates a significant extension in the collection period compared to the previous year. This sharp increase could potentially raise concerns about the effectiveness of Dycom Industries, Inc.'s accounts receivable management and its ability to collect outstanding sales promptly.
Further analysis and monitoring of the DSO trend are recommended to identify any underlying issues in the company's credit policies, collection procedures, or customer creditworthiness that may be impacting its cash flow and overall financial health.
Peer comparison
Jan 27, 2024