Dycom Industries Inc (DY)
Days of sales outstanding (DSO)
| Oct 26, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 2.74 | 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 | |
| DSO | days | 133.30 | 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 |
October 26, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 2.74
= 133.30
Days of Sales Outstanding (DSO) is a key financial ratio used to measure the average number of days a company takes to collect payment after making a sale. For Dycom Industries Inc, the DSO has varied over the past years.
From October 2020 to October 2024, Dycom's DSO has shown fluctuations, ranging from a low of 90.31 days to a high of 133.30 days. The trend indicates a general increase in DSO from 90.31 days in October 2020 to 133.30 days in October 2024. This suggests that Dycom may be taking longer to collect payments from customers over the years.
The highest DSO of 133.30 days in October 2024 could indicate potential issues with accounts receivable management or a shift in the company's sales and credit policies. On the other hand, the lowest DSO of 90.31 days in October 2020 could imply effective credit control and efficient collection practices.
It is essential for Dycom Industries Inc to closely monitor its DSO and work towards reducing the number of days it takes to collect receivables. High DSO can tie up cash flow and impact the company's liquidity and working capital management. Efforts to streamline the accounts receivable process and improve collection efficiency could help in optimizing cash flow and sustaining financial health.
Peer comparison
Oct 26, 2024