Dycom Industries Inc (DY)
Days of sales outstanding (DSO)
| Jul 27, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 24, 2020 | Jul 25, 2020 | Apr 25, 2020 | Jan 25, 2020 | Oct 26, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 2.92 | 3.10 | 3.34 | 2.82 | 3.29 | 3.34 | 3.54 | 2.92 | 3.06 | 3.23 | 3.42 | 3.21 | 3.26 | — | 3.72 | 3.39 | 3.61 | 3.79 | 4.04 | 3.62 | |
| DSO | days | 124.99 | 117.66 | 109.32 | 129.54 | 110.96 | 109.33 | 103.05 | 124.89 | 119.18 | 113.10 | 106.61 | 113.79 | 112.06 | — | 98.20 | 107.76 | 101.07 | 96.19 | 90.31 | 100.91 |
July 27, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 2.92
= 124.99
The Days Sales Outstanding (DSO) ratio for Dycom Industries Inc fluctuated over the past years. DSO measures the average number of days it takes for a company to collect revenue after a sale is made.
Based on the provided data, the DSO ranged from a low of 90.31 days to a high of 129.54 days. The trend in DSO seems to have experienced some volatility, with periods of both increases and decreases over the years.
The DSO for Dycom Industries Inc was relatively high, indicating that the company takes a significant amount of time to collect its accounts receivable. A higher DSO can suggest potential issues with the company's credit policies, collection efforts, or the financial health of its customers.
It is worth noting that a decreasing trend in DSO over time can be a positive sign, as it indicates improvements in the company's efficiency in collecting payments. Conversely, an increasing trend in DSO may raise concerns about cash flow management and liquidity.
Further analysis and comparison with industry benchmarks and historical performance can provide more insights into Dycom Industries Inc's efficiency in managing its accounts receivable and collecting revenue.
Peer comparison
Jul 27, 2024