Lamb Weston Holdings Inc (LW)
Days of sales outstanding (DSO)
| May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | May 31, 2022 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | 8.69 | — | 7.42 | — | |
| DSO | days | — | 42.00 | — | 49.21 | — |
May 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Days Sales Outstanding (DSO) is a key metric that indicates the average number of days it takes for a company to collect revenue after making a sale. A lower DSO typically signifies more efficient collections and better cash flow management.
Based on the data provided for Lamb Weston Holdings Inc:
- As of May 28, 2023, the DSO was 49.21 days. This indicates that on average, it took approximately 49 days for the company to collect revenue from its sales during that period.
- As of May 26, 2024, the DSO decreased to 42.00 days. This suggests an improvement in collections efficiency, with revenue being collected faster compared to the previous period.
However, the absence of DSO data for certain periods (e.g., May 31, 2022, and May 31, 2023) makes it challenging to provide a comprehensive trend analysis. It would be beneficial to monitor DSO consistently over time to assess changes in the company's collection practices and overall financial performance.
Peer comparison
May 31, 2024