FedEx Corporation (FDX)

The analysis of FedEx Corporation’s Days of Sales Outstanding (DSO) over the specified period indicates a generally stable trend with some fluctuations. Starting from August 31, 2020, when the DSO was approximately 53.65 days, the figure increased slightly to a peak of approximately 55.76 days by November 30, 2020. Subsequently, the DSO experienced a modest decline, reaching around 52.47 days by May 31, 2021.

From June 2021 onward, a noticeable downward trend is observable, with DSO decreasing to approximately 46.87 days by August 31, 2021, and further declining to around 42.59 days by August 31, 2022. This period demonstrates improved collection efficiency and possibly more effective credit and collections management.

Between late 2022 and early 2024, the DSO stabilized within a narrow range of approximately 41.25 days to 45.17 days, indicating consistent receivables management practices during this timeframe. The most recent data up to November 30, 2024, shows a DSO of approximately 44.84 days, suggesting a slight increase compared to the earlier lower figures but still within a relatively stable range.

Overall, the trend demonstrates a significant reduction in DSO from the heights observed in 2020, reflecting improved liquidity management and collections efficiency. The stability observed in the last two years indicates consistent accounts receivable turnover, which positively impacts cash flow and working capital management for FedEx. The absence of a value for May 2025 suggests either incomplete data or reporting delays.