General Mills Inc (GIS)

Days of sales outstanding (DSO)

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	May 26, 2024	Feb 29, 2024	Feb 25, 2024	Nov 30, 2023	Nov 26, 2023	Aug 31, 2023	Aug 27, 2023	May 31, 2023	May 28, 2023	Feb 28, 2023	Feb 26, 2023	Nov 30, 2022	Nov 27, 2022	Aug 31, 2022	Aug 28, 2022	May 31, 2022
Receivables turnover		—	—	—	—	11.82	—	11.32	—	11.23	—	11.21	—	12.19	—	11.36	—	10.80	—	11.26	—
DSO	days	—	—	—	—	30.87	—	32.25	—	32.51	—	32.56	—	29.94	—	32.13	—	33.81	—	32.41	—

February 28, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

Based on the provided data, General Mills Inc has been able to effectively manage its days of sales outstanding (DSO) over the specified time periods. The DSO represents the average number of days it takes for the company to collect payment after making a sale.

From the data, we can see that the DSO for General Mills Inc fluctuated over the reporting periods, ranging from a low of 29.94 days to a high of 33.81 days. In general, a lower DSO indicates that the company is collecting payments from customers more quickly, which is a positive sign of efficient accounts receivable management.

The company's DSO seems to hover around the low 30s, indicating that General Mills Inc has been effective in managing its accounts receivable and collecting payments from customers in a timely manner. Consistent monitoring and control of DSO is important for ensuring healthy cash flow and liquidity for the company.

Overall, based on the DSO data provided, General Mills Inc appears to be effectively managing its accounts receivable and maintaining a relatively stable collection period, which is a positive indicator of its financial health.