Scholastic Corporation (SCHL)
Days of sales outstanding (DSO)
| May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 5.95 | 6.35 | 5.94 | 5.04 | 3.77 | |
| DSO | days | 61.39 | 57.45 | 61.45 | 72.47 | 96.81 |
May 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.95
= 61.39
The analysis of Scholastic Corporation’s days of sales outstanding (DSO) over the period from May 31, 2021, to May 31, 2025, reveals a discernible trend of improving receivables management. Specifically, the DSO decreased from 96.81 days in 2021 to 72.47 days in 2022, reflecting a significant reduction in the average time taken to collect receivables. This downward trend continued into 2023, with the DSO declining further to 61.45 days, indicating enhanced efficiency in cash collection processes.
In the subsequent year, 2024, the DSO slightly decreased to 57.45 days, suggesting continued, albeit more modest, improvements in accounts receivable turnover. However, in 2025, the DSO experienced a slight increase to 61.39 days, returning close to the 2023 levels but still lower than the initial 2021 figure.
Overall, the data indicates that Scholastic Corporation has successfully decreased its receivables collection period over the four-year span, demonstrating improved liquidity management and efficiency in converting sales into cash. The fluctuations towards the end of the period suggest minor adjustments in credit policies or collection practices but maintaining generally favorable receivables management.
Peer comparison
May 31, 2025