Steven Madden Ltd (SHOO)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | 545.80 | 670.53 | 424.73 | — | 428.21 | 319.70 | 281.09 | 8.55 | 258.20 | 168.15 | 173.47 | 5.11 | 141.48 | 5.73 | 4.22 | 4.76 | 5.45 | 11.53 | 7.48 | |
| DSO | days | — | 0.67 | 0.54 | 0.86 | — | 0.85 | 1.14 | 1.30 | 42.70 | 1.41 | 2.17 | 2.10 | 71.39 | 2.58 | 63.69 | 86.47 | 76.74 | 67.01 | 31.66 | 48.81 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Days Sales Outstanding (DSO) is a key metric used to evaluate the efficiency of a company's accounts receivable management. It measures the average number of days a company takes to collect revenue after a sale is made.
Analyzing Steven Madden Ltd's DSO data reveals fluctuations in the collection period over the periods provided.
- From March 31, 2020, to March 31, 2021, the DSO increased significantly from 48.81 days to 86.47 days, indicating a potential issue with the company's collection processes.
- However, there was a notable improvement by September 30, 2021, when the DSO decreased to just 2.58 days, suggesting a strong focus on collecting receivables promptly.
- The DSO remained low in the subsequent periods, with values between 0.85 days to 2.17 days, indicating efficient collections and potentially tighter credit policies.
- The DSO increased to 42.70 days by December 31, 2022, which might indicate a change in the company's credit terms or a slowdown in collections.
- The DSO improved again in the following periods, staying at low levels between 0.54 days to 1.30 days, suggesting continued effectiveness in managing accounts receivable.
Overall, Steven Madden Ltd's DSO has shown both strengths and areas for improvement over the periods analyzed. It is essential for the company to maintain efficient collections to ensure healthy cash flows and financial sustainability. Tracking DSO trends can help identify any potential issues early on and implement necessary strategies to optimize accounts receivable management.
Peer comparison
Dec 31, 2024