Greenbrier Companies Inc (GBX)
Days of sales outstanding (DSO)
| 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 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 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 | 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 | — | — | — | — | — |
February 29, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 178.33
= 2.05
The Days of Sales Outstanding (DSO) metric for Greenbrier Companies Inc fluctuated over the observed period. A lower DSO indicates that the company is collecting its accounts receivable more quickly, which can be a sign of efficient working capital management.
In the most recent period, as of February 29, 2024, the DSO was at 2.05 days, a slightly higher figure compared to the previous period's DSO of 0.96 days. This increase may suggest a slight delay in collecting receivables or changes in the company's sales and collection processes.
The DSO showed some variability in recent quarters, with relatively low figures in the range of 0.96 to 3.91 days in the past few quarters. However, there were periods, such as August 31, 2022, where the DSO spiked to 17.99 days, indicating a longer time taken to collect accounts receivable. It is important to note that such high DSO figures can raise concerns about liquidity and the effectiveness of credit policies.
For a comprehensive analysis, it would be valuable to compare the DSO of Greenbrier Companies Inc with industry benchmarks or peer companies to assess how efficiently the company is managing its accounts receivable. Additionally, trends in DSO over time can provide insights into the company's financial health and operational efficiency in managing working capital.
Peer comparison
Feb 29, 2024