Shoe Carnival Inc (SCVL)
Days of sales outstanding (DSO)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | 453.48 | — | — | 413.58 | |
| DSO | days | — | 0.80 | — | — | 0.88 |
January 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The Days Sales Outstanding (DSO) is an important metric that indicates how quickly Shoe Carnival Inc collects its accounts receivable. Looking at the provided data, the DSO for Shoe Carnival Inc on January 28, 2023, was 0.88 days, which suggests that the company is efficient in collecting payments from customers.
However, there is missing data for January 31, 2023, January 31, 2024, and January 31, 2025, as indicated by "— days." This lack of information makes it challenging to assess the company's performance in collecting accounts receivable on those specific dates.
On February 3, 2024, the DSO decreased to 0.80 days, indicating a slight improvement in the company's ability to collect receivables promptly compared to the previous period.
Overall, it is crucial for Shoe Carnival Inc to consistently monitor its DSO to ensure efficient management of accounts receivable and maintain healthy cash flows. Further analysis and comparison with industry benchmarks would provide more insight into the company's performance in this area.
Peer comparison
Jan 31, 2025