Neogen Corporation (NEOG)
Days of sales outstanding (DSO)
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 28, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) for Neogen Corporation have been consistent at "— days" from May 31, 2020, through February 28, 2025, based on the provided data. This indicates that Neogen Corporation has been able to efficiently collect its accounts receivable within a stable timeframe over the period. A low DSO is generally favorable as it shows that the company is able to collect payments from its customers quickly, which improves its cash flow position and reduces the risk of bad debts.
Stable DSO over an extended period could suggest effective credit management practices, a strong customer base, or reliable billing and collection processes. However, without specific numerical data, it is challenging to assess the exact efficiency of Neogen Corporation's accounts receivable management in terms of how quickly it converts sales into cash.
In future analyses, it would be beneficial to have actual DSO figures to assess any changes or trends in the company's collection efficiency over time and compare them to industry benchmarks to provide deeper insights into Neogen Corporation's liquidity and financial performance.
Peer comparison
Feb 28, 2025