Oxford Industries Inc (OXM)
Days of sales outstanding (DSO)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 18.97 | 22.30 | 21.11 | 15.47 | 19.14 | |
| DSO | days | 19.24 | 16.37 | 17.29 | 23.59 | 19.07 |
February 3, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 18.97
= 19.24
To analyze the Days of Sales Outstanding (DSO) of Oxford Industries Inc, we observe that the DSO for the most recent period, ending February 3, 2024, stood at 19.24 days. Comparing this to the prior four years, we note a fluctuating trend:
- In January 2023, the DSO was 16.37 days, indicating a relatively efficient collection period.
- In January 2022, the DSO increased to 17.29 days, suggesting a slight delay in collecting sales.
- In January 2021, the DSO spiked to 23.59 days, signaling an extended accounts receivable turnover period.
- In February 2020, the DSO was 19.07 days, aligning closely with the most recent figure.
Overall, the historical DSO data for Oxford Industries Inc indicates fluctuations in the efficiency of collecting accounts receivable over the past four years. The recent uptick in DSO may warrant further investigation to understand the reasons behind the increase and evaluate any potential impact on the company's cash flow and working capital management.
Peer comparison
Feb 3, 2024