Starbucks Corporation (SBUX)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 29.80 | 30.38 | 26.80 | 30.25 | 18.53 | |
| DSO | days | 12.25 | 12.01 | 13.62 | 12.07 | 19.69 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 29.80
= 12.25
To analyze Starbucks Corporation's Days of Sales Outstanding (DSO) over the past five years, the trend indicates that the company has been effectively managing its accounts receivable collection. The DSO has shown a relatively stable pattern with some fluctuations. In the most recent fiscal year, as of September 30, 2024, the DSO stood at 12.25 days, showing a slight increase compared to the prior year's 12.01 days.
Looking back further, in the fiscal year ending September 30, 2022, there was a notable increase in DSO to 13.62 days. However, in the preceding fiscal year, the DSO was relatively lower at 12.07 days. Notably, in the year ended September 30, 2020, the DSO was higher at 19.69 days, indicating a longer collection period of accounts receivable.
Overall, Starbucks Corporation's DSO trend suggests that the company has been maintaining a reasonable balance between credit sales and timely collection of cash from customers. This is important for liquidity management and operational efficiency. Further analysis of the company's credit policies and collection practices could provide insights into the factors driving these DSO fluctuations.
Peer comparison
Sep 30, 2024