Steven Madden Ltd (SHOO)
Days of sales outstanding (DSO)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | 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 | 8.26 | 5.99 | 6.13 | 6.43 | |
| DSO | days | — | 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 | 44.21 | 60.90 | 59.51 | 56.81 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
To assess Steven Madden Ltd.'s Days Sales Outstanding (DSO) trend, we analyze the DSO over the past eight quarters (Q4 2022-Q4 2023). DSO measures the average number of days it takes for a company to collect payment after making a sale.
The DSO trend indicates an improvement from Q4 2022 to Q2 2023, with a decrease from 49.22 days to 56.16 days. This suggests a more efficient collection process during this period. However, in Q3 2023 and Q4 2023, there was an increase in DSO to 75.82 days and 66.49 days, respectively, indicating a slowdown in collections and potentially highlighting issues with credit terms or the ability to collect receivables promptly.
It is important to note that a higher DSO figure may indicate challenges in collecting receivables timely, potentially leading to cash flow issues. Conversely, a lower DSO figure reflects efficient collections and better management of accounts receivable.
Further analysis and comparison with industry benchmarks or historical data can provide more insights into Steven Madden Ltd.'s performance in managing its receivables effectively.
Peer comparison
Dec 31, 2023