National Beverage Corp (FIZZ)
Days of sales outstanding (DSO)
| Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Jan 25, 2020 | Oct 26, 2019 | Jul 27, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 11.59 | 11.61 | 11.77 | 10.95 | 11.18 | 12.05 | 11.56 | 11.41 | 12.16 | 13.57 | 12.49 | 11.06 | 12.40 | 14.19 | 12.68 | — | 11.78 | 13.48 | 13.44 | 11.62 | |
| DSO | days | 31.50 | 31.44 | 31.01 | 33.33 | 32.65 | 30.28 | 31.58 | 31.98 | 30.02 | 26.90 | 29.23 | 33.01 | 29.43 | 25.73 | 28.79 | — | 30.98 | 27.07 | 27.16 | 31.42 |
April 27, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 11.59
= 31.50
Days Sales Outstanding (DSO) is a key financial ratio that indicates how long it takes for a company to collect its accounts receivable. A lower DSO value is generally favorable as it signifies that the company is able to collect payment from customers more quickly.
Looking at the historical DSO values for National Beverage Corp, we observe some fluctuations over time. The DSO ranged from a low of 25.73 days to a high of 33.33 days over the past few quarters. The most recent DSO value was 31.50 days, which is in line with previous periods and suggests a steady collection process.
Analyzing the trend, we note that there was a slight increase in DSO in the most recent quarter compared to the previous quarter, indicating a potential delay in collecting accounts receivable. However, it is important to compare these figures with industry benchmarks and historical trends to get a more holistic view of the company's efficiency in managing receivables.
Overall, National Beverage Corp's DSO has shown some variability but has generally remained within a reasonable range. Further monitoring and analysis of this metric, along with other financial indicators, will provide a more comprehensive assessment of the company's financial health and operational efficiency.
Peer comparison
Apr 27, 2024