Hawkins Inc (HWKN)
Days of sales outstanding (DSO)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 7.39 | 8.03 | 7.23 | 6.31 | 6.59 | |
| DSO | days | 49.37 | 45.46 | 50.45 | 57.88 | 55.41 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.39
= 49.37
The Days Sales Outstanding (DSO) for Hawkins Inc has shown a decreasing trend over the past five years. As of March 31, 2021, the DSO was 55.41 days, which increased slightly to 57.88 days by March 31, 2022. However, the DSO improved significantly in the subsequent years, decreasing to 50.45 days by March 31, 2023, further dropping to 45.46 days by March 31, 2024, and then slightly increasing to 49.37 days by March 31, 2025.
Overall, the decreasing trend in DSO is a positive indicator for Hawkins Inc as it suggests that the company is collecting its accounts receivable more efficiently. A lower DSO indicates that the company is able to convert its credit sales into cash more quickly, which can improve cash flow and liquidity. It is important for Hawkins Inc to continue monitoring and managing its DSO to ensure timely collection of receivables and maintain a healthy financial position.
Peer comparison
Mar 31, 2025