Vail Resorts Inc (MTN)
Days of sales outstanding (DSO)
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 7.68 | 7.58 | 6.59 | 5.53 | 18.41 | |
| DSO | days | 47.54 | 48.14 | 55.41 | 66.02 | 19.83 |
July 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.68
= 47.54
The Days of Sales Outstanding (DSO) for Vail Resorts Inc has shown a fluctuating trend over the past five years. In the fiscal year ending on July 31, 2024, the DSO was 47.54 days, representing a slight improvement from the previous year's DSO of 48.14 days. This suggests that the company is collecting its accounts receivable slightly faster in the most recent fiscal year.
Comparing to the fiscal year ending on July 31, 2022, where the DSO was 55.41 days, there has been a noticeable improvement in the efficiency of accounts receivable collection. Furthermore, in the fiscal year ending on July 31, 2021, the DSO was 66.02 days, indicating a significant decrease in the number of days it took to collect receivables in the most recent year.
However, it is important to note that in the fiscal year ending on July 31, 2020, the DSO was notably lower at 19.83 days, indicating that the company was exceptionally efficient in collecting its accounts receivable that year.
Overall, the trend in Vail Resorts Inc's DSO over the past five years reflects some variability, with the most recent year showing a slight improvement in the collection of accounts receivable compared to the previous year, but still higher than the exceptionally low DSO in the fiscal year ending on July 31, 2020. This may indicate changes in the company's credit policies, customer payment behaviors, or operational efficiency in managing accounts receivable.
Peer comparison
Jul 31, 2024