Shake Shack Inc (SHAK)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Sep 30, 2024 | Jun 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 | Sep 23, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 66.80 | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 5.46 | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) ratio for Shake Shack Inc provides insights into how long it takes the company to collect its accounts receivable. Looking at the data provided, the DSO for September 23, 2020, was 5.46 days. This indicates that on average, it took Shake Shack Inc approximately 5.46 days to collect its outstanding sales during that time period.
However, for the subsequent periods up to December 31, 2020, there is no specific DSO data available, signified by the symbol "— days." This lack of data makes it challenging to assess the company's performance in terms of collecting accounts receivable during those periods.
In financial analysis, a lower DSO is generally favorable as it suggests quicker collections and efficient management of accounts receivable. Conversely, a higher DSO may indicate potential issues with collection efforts or customer creditworthiness.
To further analyze Shake Shack Inc's DSO, it would be beneficial to observe trends over multiple periods and compare the company's DSO to industry benchmarks or historical performance to understand the efficiency of its accounts receivable management and potential implications for cash flow and working capital management.
Peer comparison
Dec 31, 2024