Science Applications International Corporation Common Stock (SAIC)
Days of sales outstanding (DSO)
| Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 8.28 | 8.10 | 7.20 | 7.24 | 5.73 | |
| DSO | days | 44.08 | 45.04 | 50.68 | 50.41 | 63.75 |
February 2, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.28
= 44.08
The Days of Sales Outstanding (DSO) for Science Applications International Corporation Common Stock have shown a decreasing trend over the past five years, indicating an improvement in the company's ability to collect accounts receivable efficiently. In the most recent year, as of February 2, 2024, the DSO was 44.08 days, a decrease from 45.04 days in February 3, 2023. This suggests that the company has been able to convert its accounts receivable into cash more quickly in the latest year compared to the previous year.
Furthermore, the DSO has significantly reduced from 63.75 days on January 31, 2020, to 44.08 days on February 2, 2024, reflecting a notable enhancement in the company's accounts receivable management efficiency over the past five years.
Overall, the declining trend in DSO indicates that Science Applications International Corporation has been successful in streamlining its accounts receivable collection process, which can lead to improved cash flows and overall financial performance.
Peer comparison
Feb 2, 2024