Patterson Companies Inc (PDCO)
Days of sales outstanding (DSO)
| Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | 12.00 | — | 13.56 | — | |
| DSO | days | — | 30.41 | — | 26.93 | — |
April 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Based on the data provided, Patterson Companies Inc's Days Sales Outstanding (DSO) has shown varying trends over the years.
As of April 29, 2023, the DSO was 26.93 days, indicating that on average, it took the company approximately 26.93 days to collect its accounts receivable. This suggests efficient management of receivables during that period.
In contrast, on April 27, 2024, the DSO increased to 30.41 days, implying a slight deterioration in the collection of accounts receivable efficiency compared to the previous year.
The data also shows that there are missing values for DSO on April 30, 2022, and April 30, 2024, making it challenging to assess the trend accurately for those specific periods. It is critical for the company to consistently monitor and manage its DSO to ensure the timely collection of receivables and maintain healthy cash flow levels.
Peer comparison
Apr 30, 2024