MillerKnoll Inc (MLKN)

The Days of Sales Outstanding (DSO) for MillerKnoll Inc. demonstrates notable fluctuations over the specified periods. As of May 31, 2022, the DSO was approximately 35.23 days, indicating the average collection period for receivables during that year. By May 31, 2023, the DSO decreased slightly to 32.46 days, suggesting a modest improvement in receivable collection efficiency.

A significant change is observed in early June 2023, where the DSO drops sharply to 16.38 days. This abrupt reduction could reflect a temporary improvement in the collection process, a change in credit policies, or a discrepancy in reporting periods or calculation methods. Alternatively, it might indicate a period of accelerated collections or a different accounting treatment during that time frame.

Subsequently, by May 31, 2024, the DSO increased to approximately 33.25 days, returning to a level similar to that of the prior year, implying a normalization of collection periods. The data for May 31, 2025, is unavailable or not recorded, represented by a dash, indicating incomplete data for that date.

Overall, the DSO values suggest that MillerKnoll Inc. generally maintains a receivable collection period around 32 to 35 days, characteristic of typical industry standards, with a notable short-term deviation in early June 2023. Continuous monitoring of DSO trends is necessary to assess the effectiveness of the company's credit and collections policies and to identify any underlying changes in receivable management practices.