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

Company name
Symbol
DSO
National Vision Holdings Inc
EYE
14.90
STAAR Surgical Company
STAA
109.99
The Cooper Companies Inc.
COO
66.80