La-Z-Boy Incorporated (LZB)
Days of sales outstanding (DSO)
| Apr 30, 2025 | Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 15.12 | 11.72 | 14.70 | 13.78 | 18.72 | |
| DSO | days | 24.15 | 31.16 | 24.82 | 26.48 | 19.50 |
April 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 15.12
= 24.15
The data indicates that La-Z-Boy Incorporated's days of sales outstanding (DSO) experienced variability over the observed periods. As of April 29, 2023, the DSO was approximately 19.50 days, reflecting a relatively efficient collection period. On April 30, 2023, the DSO increased to roughly 26.48 days, suggesting a slight elongation in the time taken to collect receivables during that period.
By April 27, 2024, the DSO was recorded at approximately 24.82 days, which indicates a modest decrease from the previous year's figure, implying some improvement in receivables collection efficiency. However, by April 30, 2024, the DSO further increased to around 31.16 days, signaling a notable deterioration in collection periods over that year.
Looking forward to April 30, 2025, the DSO decreased again to approximately 24.15 days. This reduction suggests an easing of collection times, aligning closer to previous levels observed in 2024 but still exhibiting some fluctuations.
Overall, the trend in La-Z-Boy's DSO data shows periods of both increase and decrease, reflecting possible shifts in credit policies, customer payment behaviors, or operational efficiencies. The fluctuation between approximately 19.50 days and 31.16 days indicates that receivables collection performance has experienced both tightening and loosening, which could impact cash flow management. Continuous monitoring would be advisable to determine whether these trends are consistent or indicative of underlying operational changes.
Peer comparison
Apr 30, 2025