Macy’s Inc (M)
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 | — | — | — | — | 91.56 | — | — | 71.38 | — | 82.43 | — | 108.82 | — | 84.40 | — | 111.00 | — | 132.21 | — | — | |
| DSO | days | — | — | — | — | 3.99 | — | — | 5.11 | — | 4.43 | — | 3.35 | — | 4.32 | — | 3.29 | — | 2.76 | — | — |
January 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Days Sales Outstanding (DSO) is a key metric used to assess how efficiently a company is managing its accounts receivable. DSO indicates the average number of days it takes for a company to collect payment after making a sale. In the data provided for Macy's Inc, the DSO fluctuated over the periods mentioned.
- For July 30, 2022, Macy's DSO was 2.76 days, indicating that the company was able to collect payments from its customers relatively quickly during that period.
- This was followed by an increase to 3.29 days on October 29, 2022, suggesting a slightly slower collection cycle compared to the previous period.
- Subsequently, on January 28, 2023, the DSO increased further to 4.32 days, indicating a longer period for the company to collect payments from customers.
- The trend continued with fluctuations in DSO over the following periods, with the highest DSO recorded on October 28, 2023, at 5.11 days, indicating a relatively slower collection cycle during that period.
Analyzing DSO trends can provide insights into a company's cash flow management and credit policies. A decreasing DSO trend may indicate an improvement in collections efficiency, while an increasing trend may raise concerns about potential liquidity issues or credit risks. It is important for Macy's Inc to monitor and manage its DSO effectively to ensure timely collection of outstanding receivables and maintain healthy cash flow levels.
Peer comparison
Jan 31, 2025