Oxford Industries Inc (OXM)

Days of sales outstanding (DSO)

Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Feb 3, 2024 Nov 30, 2023 Oct 28, 2023 Aug 31, 2023 Jul 29, 2023 May 31, 2023 Apr 29, 2023 Feb 28, 2023 Jan 28, 2023 Nov 30, 2022 Oct 29, 2022 Aug 31, 2022 Jul 30, 2022 May 31, 2022 Apr 30, 2022
Receivables turnover — — — — — 17.83 — 19.95 — 21.93 — 14.89 — 21.67 — 16.53 — 19.41 — 12.79
DSO days — — — — — 20.48 — 18.29 — 16.64 — 24.52 — 16.84 — 22.08 — 18.80 — 28.54

February 28, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

Based on the provided data, the Days of Sales Outstanding (DSO) for Oxford Industries Inc fluctuated over the reporting periods. DSO measures the average number of days it takes for a company to collect revenue after a sale is made.

In April 2022, the DSO stood at 28.54 days, indicating that on average, it took the company approximately 28.54 days to collect its accounts receivable. The DSO decreased to 18.80 days by July 2022, showing an improvement in the company's efficiency in collecting payments from customers.

Subsequently, the DSO increased to 22.08 days in October 2022, before decreasing to 16.84 days in January 2023. This reduction suggests a more efficient accounts receivable collection process during that period. The DSO then increased to 24.52 days in April 2023 before declining to 16.64 days in July 2023.

The DSO increased again to 18.29 days in October 2023, showing a slight elongation in the collection period. This trend continued as the DSO rose to 20.48 days in February 2024. There was not enough data available for the subsequent periods, as denoted by the "— days" entries.

Overall, it is important for Oxford Industries Inc to closely monitor its DSO as high DSO levels can indicate inefficiencies in collecting receivables, leading to potential cash flow issues. A downward trend in DSO can signify improved liquidity and better cash management, while an upward trend may require further analysis and potential adjustments to the company's credit and collection policies.