Nordstrom Inc (JWN)
Days of sales outstanding (DSO)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | 43.99 | — | — | 58.60 | |
| DSO | days | — | 8.30 | — | — | 6.23 |
January 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Days Sales Outstanding (DSO) is a measure used to evaluate how efficiently a company is managing its accounts receivable. It indicates the average number of days it takes for a company to collect payment after a sale has been made. A lower DSO is generally favorable as it suggests that the company is collecting payments from customers more quickly.
In the case of Nordstrom Inc, the DSO for the financial periods provided are as follows:
- January 28, 2023: 6.23 days
- January 31, 2023: Data not available
- January 31, 2024: Data not available
- February 3, 2024: 8.30 days
- January 31, 2025: Data not available
Based on the available data points, Nordstrom Inc has shown a DSO of 6.23 days on January 28, 2023, and 8.30 days on February 3, 2024. The decrease in DSO from 6.23 to 8.30 days may indicate that the company is taking slightly longer to collect payments from customers during this period.
It is important to note that missing data points can make it challenging to draw comprehensive conclusions about trends in accounts receivable efficiency over time. For a more thorough analysis, additional data points would be required to provide a more complete assessment of Nordstrom Inc's DSO performance.
Peer comparison
Jan 31, 2025