MillerKnoll Inc (MLKN)
Days of sales outstanding (DSO)
| May 31, 2024 | Jun 3, 2023 | May 31, 2023 | May 31, 2022 | May 28, 2022 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | 22.28 | — | — | 20.59 | |
| DSO | days | — | 16.38 | — | — | 17.73 |
May 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Based on the data provided, MillerKnoll Inc's days of sales outstanding (DSO) has shown fluctuations over the years. On May 28, 2022, the DSO was reported at 17.73 days, indicating that on average it took the company approximately 17.73 days to collect its accounts receivable.
However, on May 31, 2022, and May 31, 2023, the DSO data is not available ("— days"), possibly due to missing information or a change in reporting practices. This lack of data for these periods makes it challenging to assess the company's efficiency in collecting receivables.
On June 3, 2023, the DSO improved to 16.38 days, suggesting a quicker collection of accounts receivable compared to the previous period.
As of May 31, 2024, the DSO data is once again unavailable ("— days"), further complicating the trend analysis of MillerKnoll Inc's receivables collection efficiency.
Overall, the available data indicates some variability in the company's DSO over the years, with periods of improvement and missing information that may require further investigation to assess the effectiveness of their accounts receivable management.