Steven Madden Ltd (SHOO)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | 8.55 | 5.11 | 4.76 | |
| DSO | days | — | — | 42.70 | 71.39 | 76.74 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) is a key metric used to measure how efficiently a company is able to collect its accounts receivable. A lower DSO signifies quicker collections, which can improve cash flow and overall liquidity.
Analyzing the DSO data provided for Steven Madden Ltd:
- As of December 31, 2020, the DSO was 76.74 days. This indicates that, on average, it took Steven Madden Ltd approximately 76.74 days to collect its accounts receivable.
- By December 31, 2021, the DSO had decreased to 71.39 days, suggesting some improvement in the company's receivables collection efficiency compared to the previous year.
- Subsequently, by December 31, 2022, the DSO decreased further to 42.70 days, indicating a significant improvement in collecting receivables more promptly. This reduction may suggest more streamlined collections processes or better credit management.
- The absence of DSO data for December 31, 2023, and December 31, 2024, might indicate missing or incomplete data, making it challenging to assess the company's receivables collection efficiency for those periods.
Overall, the trend of decreasing DSO from 2020 to 2022 is a positive sign of improved receivables management at Steven Madden Ltd. However, the lack of data for subsequent years limits a comprehensive analysis of the company's recent performance in this area.
Peer comparison
Dec 31, 2024