The Gap, Inc. (GAP)
Days of sales outstanding (DSO)
| Aug 3, 2024 | May 4, 2024 | Feb 3, 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 | Feb 1, 2020 | Nov 2, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | 51.52 | — | — | — | 45.93 | — | — | — | 41.78 | — | — | — | 38.02 | — | — | — | 51.84 | — | |
| DSO | days | — | — | 7.08 | — | — | — | 7.95 | — | — | — | 8.74 | — | — | — | 9.60 | — | — | — | 7.04 | — |
August 3, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) for The Gap, Inc. have fluctuated over the past several quarters.
On February 3, 2024, the DSO was 7.08 days, reflecting a relatively efficient collection of accounts receivable. This may indicate effective credit management or prompt payments from customers.
On January 28, 2023, the DSO increased to 7.95 days, suggesting a slight slowdown in receivables collection compared to the previous quarter. However, the DSO remained relatively low, indicating a favorable liquidity position.
The DSO peaked at 9.60 days on January 30, 2021, which could indicate a potential concern in the collection of accounts receivable. A higher DSO may point to issues with credit policies, payment terms, or collection processes.
Overall, fluctuations in The Gap, Inc.'s DSO suggest variability in the efficiency of accounts receivable management. Analyzing trends in DSO can provide insights into the company's credit policies, customer payment behavior, and overall financial health.
Peer comparison
Aug 3, 2024