PVH Corp (PVH)
Days of sales outstanding (DSO)
| Feb 4, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 11.62 | 8.82 | 10.27 | 9.94 | 9.77 | 9.15 | 11.21 | 11.07 | 12.28 | 9.72 | 10.44 | 9.23 | 11.12 | 9.56 | 14.26 | 16.31 | 13.37 | 10.07 | 12.46 | 11.39 | |
| DSO | days | 31.41 | 41.40 | 35.53 | 36.72 | 37.36 | 39.88 | 32.57 | 32.98 | 29.71 | 37.55 | 34.97 | 39.56 | 32.83 | 38.16 | 25.59 | 22.38 | 27.31 | 36.26 | 29.30 | 32.05 |
February 4, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 11.62
= 31.41
Days Sales Outstanding (DSO) is a financial metric that measures the average number of days a company takes to collect revenue after a sale is made. A lower DSO indicates that a company is collecting its accounts receivable more efficiently, while a higher DSO suggests potential issues with collecting payments promptly.
Based on the historical DSO data provided for PVH Corp, we observe some fluctuations over time. The DSO figures range from a low of 22.38 days to a high of 41.40 days. The trend appears to show some variability, with occasional spikes and dips in DSO over different periods.
In general, PVH Corp's DSO tends to stay within a reasonable range, indicating a relatively efficient accounts receivable management process. The company has seen fluctuations in its DSO figures over the periods examined, which could be influenced by various factors such as sales volume, customer payment behavior, and the effectiveness of the company's credit and collection policies.
It is important for PVH Corp to monitor its DSO consistently and strive to maintain it at an optimal level to ensure efficient cash flow management and timely collection of receivables. By analyzing trends and identifying any potential anomalies in DSO, the company can take proactive measures to improve its working capital efficiency and overall financial performance.
Peer comparison
Feb 4, 2024