Jack In The Box Inc (JACK)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 18.80 | 16.98 | 14.14 | 15.39 | 13.03 | |
| DSO | days | 19.41 | 21.50 | 25.81 | 23.72 | 28.02 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 18.80
= 19.41
The Days of Sales Outstanding (DSO) ratio for Jack In The Box Inc has shown a declining trend over the past five years, indicating an improvement in the company's accounts receivable management efficiency. In the most recent fiscal year ending September 30, 2024, the DSO ratio was 19.41 days, which was lower than the ratios reported in the previous years.
A decreasing DSO ratio suggests that Jack In The Box Inc is collecting its accounts receivable more quickly, which could be a positive sign of effective credit control measures or more prompt payment from customers. Compared to a DSO of 28.02 days in 2020, the reduction to 19.41 days in 2024 reflects a noteworthy improvement in the company's ability to convert sales into cash.
Overall, the declining trend in the DSO ratio for Jack In The Box Inc indicates an enhancement in the efficiency of the company's accounts receivable management and a potential positive impact on cash flow and working capital management.
Peer comparison
Sep 30, 2024