Lowe's Companies Inc (LOW)
Days of sales outstanding (DSO)
Feb 2, 2024 | Nov 3, 2023 | Aug 4, 2023 | Feb 3, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | May 1, 2020 | Jan 31, 2020 | Nov 1, 2019 | Aug 2, 2019 | May 3, 2019 | Feb 1, 2019 | ||
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Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 2, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Days of Sales Outstanding (DSO) is a financial ratio that measures how long it takes for a company, in this case, Lowe's Companies Inc, to collect revenue from its credit sales.
Unfortunately, without specific data points for DSO provided in the table, it is not possible to calculate or analyze the trend of DSO for Lowe's over the given period. To assess the efficiency of Lowe's credit management and collection process, it would be necessary to have the accounts receivable and sales figures for the respective periods to calculate the DSO.
Analyzing DSO can provide insights into the effectiveness of Lowe's credit and collection policies, as well as its ability to convert credit sales into cash. Generally, a decreasing trend in DSO over time indicates that the company is collecting receivables more quickly, which can be a positive sign of efficiency. On the other hand, an increasing trend in DSO could suggest potential issues with credit risk or collection processes.
To provide a meaningful analysis of Lowe's DSO, further data on accounts receivable and sales figures from the corresponding periods would be required for calculations and trend analysis.
Peer comparison
Feb 2, 2024
See also:
Lowe's Companies Inc Average Receivable Collection Period (Quarterly Data)