Sally Beauty Holdings Inc (SBH)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 110.40 | 109.30 | 108.66 | 115.78 | 95.97 | |
| DSO | days | 3.31 | 3.34 | 3.36 | 3.15 | 3.80 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 110.40
= 3.31
To analyze Sally Beauty Holdings Inc's days of sales outstanding (DSO) over the past five years:
- The DSO for the fiscal year ending Sep 30, 2024, was 3.31 days, showing a slight decrease compared to the previous year.
- In Sep 30, 2023, DSO was 3.34 days, which was marginally higher than the DSO for Sep 30, 2024.
- The DSO for Sep 30, 2022, was 3.36 days, indicating a slightly higher value compared to the preceding year.
- For the fiscal year ending Sep 30, 2021, the DSO was 3.15 days, which was lower than the values for the two previous years.
- The DSO in the fiscal year ending Sep 30, 2020, was 3.80 days, representing a notable increase compared to the DSO for Sep 30, 2021.
Overall, Sally Beauty Holdings Inc has shown relatively stable DSO figures over the past five years, with minor fluctuations observed. The decreasing trend in DSO from 2020 to 2021 followed by a slight increase in subsequent years indicates an efficient management of accounts receivable and an improvement in the company's ability to collect payments from customers in a timely manner.
Peer comparison
Sep 30, 2024