Monro Muffler Brake Inc (MNRO)
Days of sales outstanding (DSO)
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | 101.26 | 152.52 | |
| DSO | days | — | — | — | 3.60 | 2.39 |
March 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) for Monro Muffler Brake Inc have shown an increasing trend over the years. In 2021, the DSO was 3.60 days, which increased to an unspecified figure in 2022 and further in 2023. This indicates that the company is taking longer to collect payment from its customers compared to previous years. It is important to note that a higher DSO can impact the company's cash flow and working capital management. Further analysis of the reasons behind this increasing trend in DSO could provide insights into the company's accounts receivable management and overall financial health.
Peer comparison
Mar 31, 2024