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
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)