Shoe Carnival Inc (SCVL)
Days of sales outstanding (DSO)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | 462.85 | — | — | 383.36 | — | 289.77 | — | 390.53 | — | 421.48 | — | 165.39 | — | 117.69 | — | — | |
| DSO | days | — | — | — | — | 0.79 | — | — | 0.95 | — | 1.26 | — | 0.93 | — | 0.87 | — | 2.21 | — | 3.10 | — | — |
January 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The analysis of Shoe Carnival Inc's Days of Sales Outstanding (DSO) reveals fluctuations in the efficiency of the company's accounts receivable management. In July 2022, DSO stood at 3.10 days, indicating a relatively quick collection of receivables. This decreased even further to 2.21 days by October 2022, showcasing an improvement in the collection process.
Subsequently, in January 2023, DSO dropped significantly to 0.87 days, suggesting an exceptional management of accounts receivable. This trend continued with slight increases to 0.93 days in April 2023 and 1.26 days in July 2023, which are still favorable DSO ratios.
By October 2023, DSO decreased again to 0.95 days, indicating efficient collection practices. A slight increase to 0.79 days was observed in February 2024, followed by subsequent periods with inconclusive data.
Overall, Shoe Carnival Inc's DSO figures suggest effective accounts receivable management, with consistent efforts towards prompt collection of receivables, enhancing the company's liquidity and financial performance.
Peer comparison
Jan 31, 2025