Greenbrier Companies Inc (GBX)
Days of sales outstanding (DSO)
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 78.60 | 175.46 | 178.33 | 379.65 | 93.46 | 130.11 | 162.17 | 110.50 | 74.82 | 20.29 | 21.54 | 17.85 | 15.59 | 23.76 | 33.78 | — | 306.53 | — | — | — | |
| DSO | days | 4.64 | 2.08 | 2.05 | 0.96 | 3.91 | 2.81 | 2.25 | 3.30 | 4.88 | 17.99 | 16.95 | 20.45 | 23.42 | 15.36 | 10.81 | — | 1.19 | — | — | — |
August 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 78.60
= 4.64
Days Sales Outstanding (DSO) is a key metric that measures how long it takes a company to collect on its accounts receivable. A lower DSO indicates that the company is able to collect cash from its customers more quickly, which is generally a positive sign.
Analyzing the DSO trend for Greenbrier Companies Inc over the past few quarters, we can observe fluctuations in the collection period. In the most recent quarter, ending August 31, 2024, the DSO was 4.64 days. This represents an increase compared to the previous quarter, where it was 2.08 days. The increase in DSO may indicate a potential slowdown in the collection of accounts receivable, which could impact the company's cash flow and working capital management.
Looking further back, we see a general trend of fluctuating DSO figures, with some quarters showing relatively low DSO levels (e.g., 0.96 days in November 2023) and others showing higher levels (e.g., 23.42 days in February 2021). It is worth noting that the DSO figures for Greenbrier Companies Inc have varied significantly, which may be influenced by factors such as sales volumes, credit policies, customer payment behaviors, and economic conditions.
To better understand the implications of these DSO fluctuations, it would be beneficial to compare them with industry benchmarks and the company's historical performance. Additionally, monitoring DSO over time and identifying any persistent trends or abnormal changes can help management assess the effectiveness of their accounts receivable management processes and make informed decisions to optimize cash flow and liquidity.
Peer comparison
Aug 31, 2024