Oxford Industries Inc (OXM)
Days of sales outstanding (DSO)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 18.97 | 19.53 | 20.54 | 14.70 | 22.30 | 15.82 | 17.98 | 13.10 | 21.11 | 16.53 | 14.88 | 9.99 | 15.47 | 20.91 | 30.85 | 19.63 | 19.14 | 17.40 | 18.86 | 13.01 | |
| DSO | days | 19.24 | 18.69 | 17.77 | 24.83 | 16.37 | 23.07 | 20.30 | 27.87 | 17.29 | 22.09 | 24.53 | 36.53 | 23.59 | 17.46 | 11.83 | 18.59 | 19.07 | 20.98 | 19.35 | 28.06 |
February 3, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 18.97
= 19.24
Days Sales Outstanding (DSO) is a critical financial ratio that reflects the average number of days a company takes to collect revenue after a sale has been made. A lower DSO indicates that the company is collecting its accounts receivable more quickly, which is generally seen as positive for cash flow management.
Analyzing the DSO trend for Oxford Industries Inc over the past few periods, we observe fluctuations in the metric. The DSO has fluctuated between a low of 11.83 days to a high of 36.53 days. This variability might indicate changes in the company's credit policies, customer payment behavior, or the efficiency of its accounts receivable management.
The trend of DSO can provide insights into the company's overall financial health and efficiency in managing its cash flow. A decreasing trend in DSO over time would generally be viewed favorably, as it suggests that the company is improving its collections process and converting sales into cash more quickly. On the other hand, an increasing trend in DSO could signal potential issues with collecting receivables promptly, which may lead to cash flow challenges.
It is essential for Oxford Industries Inc to closely monitor its DSO and investigate the reasons behind any significant fluctuations to ensure efficient cash flow management and maintain healthy financial operations.
Peer comparison
Feb 3, 2024