National Beverage Corp (FIZZ)
Days of sales outstanding (DSO)
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 11.53 | 13.04 | 12.20 | 10.29 | 11.03 | 11.06 | 11.21 | 11.74 | 12.46 | 12.33 | 11.35 | 10.83 | 10.58 | 10.71 | 11.70 | 12.21 | 12.30 | 12.15 | 11.76 | 11.17 | |
| DSO | days | 31.65 | 28.00 | 29.91 | 35.46 | 33.08 | 33.00 | 32.56 | 31.09 | 29.30 | 29.61 | 32.17 | 33.70 | 34.49 | 34.09 | 31.19 | 29.89 | 29.67 | 30.05 | 31.03 | 32.67 |
April 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 11.53
= 31.65
The analysis of National Beverage Corp's Days of Sales Outstanding (DSO) over the provided period indicates a generally stable receivables collection profile with some fluctuations.
Initially, the DSO was around 32.67 days in late July 2022, decreasing slightly to approximately 30.05 days by late October 2022, suggesting an improvement in collection efficiency during that period. From late October 2022 to early 2023, the DSO remained relatively stable, fluctuating between approximately 29.67 and 31.19 days, indicating consistent credit collection practices.
In the subsequent quarters, a slight upward trend is observable, with DSO reaching around 34.09 to 34.49 days by late April 2023, possibly reflecting extended credit terms or delays in collections during that period. The DSO then decreased to roughly 33.70 days in late July 2023 and further to approximately 32.17 days by the end of October 2023, indicating some improvement in receivables management.
The most recent data points from early 2024 show the DSO hovering near 31.09 to 32.56 days, with a notable lowest point at 28.00 days in January 2025, then increasing slightly towards April 2025 to about 31.65 days. This suggests a relative stability and slight variability within a narrow range over time.
Overall, the company's DSO indicates a receivables collection cycle generally under a month, with minor fluctuations that align with seasonal or operational factors. The trend reflects a steady approach to credit management, maintaining DSO within a consistent range, which is advantageous for cash flow predictability. The observed fluctuations do not signal significant deterioration in collection efficiency and suggest a balanced approach to credit extension and collection policies.
Peer comparison
Apr 30, 2025