Starbucks Corporation (SBUX)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 29.80 | 32.90 | 31.49 | 30.38 | 30.71 | — | — | 26.80 | — | — | — | 30.25 | 27.70 | 22.48 | 18.98 | 18.53 | 18.36 | 20.02 | 25.71 | 25.11 | |
| DSO | days | 12.25 | 11.09 | 11.59 | 12.01 | 11.89 | — | — | 13.62 | — | — | — | 12.07 | 13.18 | 16.24 | 19.23 | 19.69 | 19.89 | 18.23 | 14.20 | 14.54 |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 29.80
= 12.25
To analyze Starbucks Corporation's Days of Sales Outstanding (DSO) over time, we observe fluctuations in the metric to assess the company's efficiency in collecting its accounts receivable. DSO measures the average number of days it takes for a company to collect payment after making a sale.
From the data provided, we can see a trend of decreasing DSO over the recent quarters, indicating an improvement in the company's accounts receivable management. In the most recent quarter, ending September 30, 2024, Starbucks recorded a DSO of 12.25 days, slightly higher than the prior quarter, which had a DSO of 11.09 days. This slight increase may suggest a small delay in collecting payments from customers during this period.
Looking further back, we observe variability in DSO figures, with some quarters showing higher DSO values, such as in Q4 2020 and Q1 2021, where DSO exceeded 19 days. These higher values may indicate challenges in collecting receivables efficiently during those periods.
It's worth noting the lack of data for some quarters, making it difficult to establish a precise trend over an extended period. Nonetheless, the general trend of decreasing DSO in recent quarters is a positive sign of improved accounts receivable management for Starbucks Corporation. Further monitoring of DSO figures will be essential to assess ongoing effectiveness in collecting payments promptly and efficiently.
Peer comparison
Sep 30, 2024
See also:
Starbucks Corporation Average Receivable Collection Period (Quarterly Data)