Enerpac Tool Group Corp (EPAC)
Days of sales outstanding (DSO)
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 6.12 | 6.33 | 6.13 | 5.69 | 5.83 | 5.93 | 5.35 | 4.83 | 4.90 | 4.81 | 5.12 | 4.39 | 4.77 | 5.15 | 5.86 | 5.76 | 5.44 | 5.27 | 5.20 | 3.93 | |
| DSO | days | 59.64 | 57.67 | 59.58 | 64.13 | 62.60 | 61.52 | 68.21 | 75.63 | 74.47 | 75.88 | 71.27 | 83.09 | 76.48 | 70.90 | 62.28 | 63.37 | 67.08 | 69.28 | 70.17 | 92.78 |
February 29, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 6.12
= 59.64
Enerpac Tool Group Corp's Days Sales Outstanding (DSO) has shown fluctuations over the past few quarters. DSO represents the average number of days it takes for the company to collect revenue after a sale has been made.
In the most recent period ending February 29, 2024, the DSO was 59.64 days, relatively consistent with the previous quarter at 57.67 days. This indicates that the company is fairly efficient in collecting its accounts receivable.
Looking back further, there was a slight increase in DSO in the quarter ending May 31, 2023, with 64.13 days. However, the DSO decreased in the subsequent quarters, indicating improved efficiency in collecting receivables.
Comparing to historical data, there was a notable spike in DSO in the quarter ending August 31, 2021, at 83.09 days, which was significantly higher than the average. This suggests potential issues with collections during that period.
Overall, the trend in DSO for Enerpac Tool Group Corp shows some variation, but in recent quarters, the company has been able to maintain relatively stable days of sales outstanding, implying effective management of accounts receivable and timely collection practices.
Peer comparison
Feb 29, 2024