Jabil Circuit Inc (JBL)
Days of sales outstanding (DSO)
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | 9.46 | 8.34 | 9.28 | — | |
| DSO | days | — | 38.59 | 43.76 | 39.34 | — |
August 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
To analyze Jabil Circuit Inc's days of sales outstanding (DSO) over the past five years, we observe a fluctuating trend. In 2023, the DSO stood at 38.59 days, showing an improvement from the previous year's 43.76 days. This indicates that the company was able to collect its accounts receivable more efficiently in 2023.
However, looking at 2022 and 2021, we see that the DSO was 43.76 days and 39.34 days respectively, suggesting a slight deterioration in the collection efficiency compared to the previous year. This could raise concerns about the company's cash flow management and the effectiveness of its credit policies during those periods.
In 2020 and 2024, there are no DSO figures available in the table, making it challenging to assess the trend conclusively. Nonetheless, the overall trend over the past five years indicates some variability in Jabil Circuit Inc's DSO, emphasizing the importance of closely monitoring receivables management to ensure timely collection for optimal cash flow.
Peer comparison
Aug 31, 2024