John B Sanfilippo & Son Inc (JBSS)
Days of sales outstanding (DSO)
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 23, 2021 | Sep 23, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 12.56 | 13.64 | 12.89 | 14.35 | 13.74 | 13.73 | 13.85 | 12.86 | 13.73 | 13.17 | 13.75 | 12.16 | 12.94 | 13.27 | 14.21 | 12.49 | 15.45 | 13.15 | 16.80 | 14.73 | |
| DSO | days | 29.07 | 26.77 | 28.31 | 25.43 | 26.56 | 26.59 | 26.35 | 28.39 | 26.58 | 27.71 | 26.55 | 30.00 | 28.20 | 27.51 | 25.69 | 29.23 | 23.62 | 27.75 | 21.73 | 24.79 |
June 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 12.56
= 29.07
The Days of Sales Outstanding (DSO) for John B Sanfilippo & Son Inc, a measure of how long it takes for the company to collect its accounts receivable, has fluctuated over the past few quarters. On Jun 30, 2024, the DSO was 29.07 days, indicating that on average, it took the company around 29 days to collect its outstanding sales. This was an increase compared to the previous quarter's DSO of 26.77 days.
Looking back over the past few quarters, there have been fluctuations in the DSO metric, with some quarters showing slightly longer collection periods and others showing improvements. Overall, the company has generally maintained its DSO below 30 days, which is a positive sign as it indicates efficient management of accounts receivable and timely collection of sales.
However, it's essential for the company to monitor its DSO closely to ensure that it remains at an optimal level. An increasing DSO could be a sign of potential issues with credit policies, collection practices, or customer financial health. Conversely, a decreasing DSO might indicate improved efficiency in collections but could also point to overly aggressive collection practices that may strain customer relationships.
In conclusion, while John B Sanfilippo & Son Inc has generally kept its DSO within a reasonable range, continued monitoring and analysis of this metric will be crucial for maintaining healthy cash flows and managing credit risk effectively.
Peer comparison
Jun 30, 2024