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.