National Beverage Corp (FIZZ)
Days of sales outstanding (DSO)
| Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | 11.59 | — | 11.18 | — | |
| DSO | days | — | 31.50 | — | 32.65 | — |
April 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Days Sales Outstanding (DSO) is a financial ratio that measures the average number of days a company takes to collect revenue after making a sale. It is an important indicator of the efficiency of a company's accounts receivable management.
Analyzing the DSO of National Beverage Corp based on the provided data shows a slight improvement in the company's collection efficiency over the years.
As of April 29, 2023, the DSO stands at 32.65 days, indicating a reasonable average collection period for the company. By April 27, 2024, the DSO decreased further to 31.50 days, suggesting that National Beverage Corp is collecting its receivables more quickly, which is a positive sign for the company's cash flow and liquidity management.
The missing data points make it challenging to provide a complete trend analysis. However, the observed decrease in DSO over the years suggests that National Beverage Corp has been effectively managing its accounts receivable and improving its collection processes. It is important for the company to continue monitoring and managing its DSO to ensure timely collection of revenues and maintain healthy cash flows.
Peer comparison
Apr 30, 2024