National Vision Holdings Inc (EYE)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 24.49 | 25.83 | 26.07 | — | 25.12 | — | — | — | 37.35 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 14.90 | 14.13 | 14.00 | — | 14.53 | — | — | — | 9.77 | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 24.49
= 14.90
The days of sales outstanding (DSO) for National Vision Holdings Inc have shown a consistent trend with relatively low values in recent periods. The DSO indicates the average number of days it takes for the company to collect payment for its sales.
Based on the available data, the DSO has been decreasing over time, from 14.90 days on Dec 31, 2023, to 9.77 days on Dec 31, 2021. A lower DSO generally suggests that the company is efficient in collecting payments from its customers, which can improve cash flow and liquidity.
However, there are missing values in some periods, such as Mar 31, 2023, and previous quarters, which may limit the ability to track the DSO trend consistently. It would be beneficial for the company to ensure that timely and accurate data is available for all periods to provide a complete picture of its accounts receivables management efficiency.
Peer comparison
Dec 31, 2023