Nordstrom Inc (JWN)
Days of sales outstanding (DSO)
Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | — | — | — | — | 46.35 | — | — | 43.62 | — | 58.75 | — | 55.07 | — | 58.51 | — | 53.14 | — | 55.45 | — | — | |
DSO | days | — | — | — | — | 7.88 | — | — | 8.37 | — | 6.21 | — | 6.63 | — | 6.24 | — | 6.87 | — | 6.58 | — | — |
January 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) for Nordstrom Inc shows variations over the given time periods, ranging from as low as 6.21 days to as high as 8.37 days. DSO is a measure of how quickly a company collects its accounts receivable. A lower DSO indicates that the company is collecting payments more quickly, which is generally preferable as it signifies efficient cash flow management.
In July 2022, Nordstrom Inc had a DSO of 6.58 days, suggesting a relatively efficient accounts receivable collection process. However, this metric increased slightly to 6.87 days by October 2022 before improving to 6.24 days in January 2023. The DSO then fluctuated between 6.21 and 8.37 days over the subsequent periods, indicating potential changes in the company's receivables management strategies.
Overall, Nordstrom Inc's DSO seems to reflect a moderate level of efficiency in collecting outstanding payments, with some variability observed. Further analysis and comparison with industry benchmarks may provide additional insights into the company's accounts receivable management performance.
Peer comparison
Jan 31, 2025