MSC Industrial Direct Company Inc (MSM)
Days of sales outstanding (DSO)
| Mar 2, 2024 | Dec 2, 2023 | Sep 2, 2023 | Jun 3, 2023 | Mar 4, 2023 | Dec 3, 2022 | Sep 3, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | Jun 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 9.25 | 9.64 | 9.18 | — | — | — | 5.36 | 5.22 | 5.47 | 5.71 | 5.76 | 5.57 | 5.91 | 6.34 | 6.47 | 6.02 | 6.17 | 6.24 | 6.22 | — | |
| DSO | days | 39.45 | 37.86 | 39.77 | — | — | — | 68.13 | 69.86 | 66.68 | 63.91 | 63.36 | 65.48 | 61.76 | 57.61 | 56.44 | 60.68 | 59.17 | 58.45 | 58.71 | — |
March 2, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.25
= 39.45
The days of sales outstanding (DSO) for MSC Industrial Direct Company Inc varied over the period analyzed. Typically, a lower DSO indicates that the company is able to collect its accounts receivable more quickly, which is a positive sign of efficient working capital management.
From the data provided, we can see that the DSO fluctuated between 37.86 days and 69.86 days, with the lowest DSO of 37.86 days observed in December 2023 and the highest DSO of 69.86 days in May 28, 2022. The DSO trend seems to have improved overall, as evidenced by the lower values in recent periods compared to earlier dates.
It is worth noting that there are some missing data points, indicated by "— days", which could make it challenging to analyze the exact trend. The variations in DSO may be influenced by factors such as changes in the company's credit policies, customer payment behavior, industry trends, and economic conditions.
In conclusion, while MSC Industrial Direct Company Inc has shown some variability in its DSO over time, the recent trend suggests an improvement in managing accounts receivable. Further analysis and comparison with industry benchmarks would provide a more comprehensive assessment of the company's performance in this area.
Peer comparison
Mar 2, 2024