National Beverage Corp (FIZZ)
Days of sales outstanding (DSO)
| Apr 27, 2024 | Apr 29, 2023 | Apr 30, 2022 | May 1, 2021 | May 2, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 11.59 | 11.18 | 12.16 | 12.40 | 11.78 | |
| DSO | days | 31.50 | 32.65 | 30.02 | 29.43 | 30.98 |
April 27, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 11.59
= 31.50
The days of sales outstanding (DSO) for National Beverage Corp have shown some fluctuations over the past five years. In the most recent fiscal year ending April 27, 2024, the DSO was 31.50 days, which was lower compared to the previous year's 32.65 days. This indicates that the company was able to collect its accounts receivable more efficiently in the latest period.
Looking back over the past five years, the DSO has ranged from a low of 29.43 days in fiscal year ending May 1, 2021, to a high of 32.65 days in fiscal year ending April 29, 2023. Overall, the trend in DSO appears to be relatively stable, with minor fluctuations seen from year to year.
A lower DSO generally indicates that the company is collecting its accounts receivable more quickly, which can be a positive sign of strong cash flow management. It is important to continue monitoring DSO trends to ensure timely collection of receivables and efficient management of working capital.
Peer comparison
Apr 27, 2024