REX American Resources Corporation (REX)

Days of sales outstanding (DSO)

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Receivables turnover		28.82	24.46	22.45	25.54	30.40	29.60	19.11	25.53	23.84	14.99	16.75	13.51	14.49	19.94	16.21	31.84	22.00	17.38	29.13	24.30
DSO	days	12.66	14.92	16.26	14.29	12.01	12.33	19.10	14.30	15.31	24.35	21.79	27.02	25.19	18.31	22.51	11.46	16.59	21.00	12.53	15.02

January 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 28.82
= 12.66

To analyze REX American Resources Corporation's Days of Sales Outstanding (DSO) over the reporting periods provided, we observe that DSO measures the average number of days it takes for the company to collect revenue after making a sale.

Looking at the data:

- DSO fluctuated over the periods, ranging from a low of 11.46 days to a high of 27.02 days.
- Generally, lower DSO values indicate that the company is collecting revenue more quickly, which can be a positive sign of efficient accounts receivable management.
- On the contrary, higher DSO values can suggest that the company is taking longer to collect payments, which may indicate potential issues with credit policies or the financial health of customers.
- A significant increase in DSO over time may highlight challenges in liquidity or collection efforts.

Further analysis would be beneficial to understand the underlying reasons for the DSO variations in each period, such as changes in sales policies, customer payment behavior, or economic conditions affecting the industry.

It would also be useful to compare REX American Resources Corporation's DSO to industry benchmarks or competitors to gain insights into its performance relative to peers. Additionally, trend analysis over multiple periods can help identify patterns and determine if the company is improving its accounts receivable management practices over time.