Signet Jewelers Ltd (SIG)

Signet Jewelers Ltd's days of sales outstanding (DSO) has shown variability over the past five years. In the most recent fiscal year, as of February 3, 2024, the DSO stood at 0.95 days, indicating a rapid collection of accounts receivable. This represents an improvement compared to the previous fiscal year when DSO was 1.12 days.

Looking further back, in January 2022, the DSO was 2.02 days, reflecting a slightly longer period needed to collect receivables compared to the current year. The company experienced a significant increase in DSO to 9.92 days in January 2021, suggesting a potential challenge in collecting payments from customers efficiently during that period.

In contrast, the DSO was lower in the fiscal year ending 2020 at 2.32 days, showing a more favorable receivables collection period compared to the fiscal year 2021. The downward trend in DSO over the past two years indicates an improvement in the company's accounts receivable turnover and efficiency in collecting payments from customers.

Overall, the recent DSO of 0.95 days suggests that Signet Jewelers Ltd has been successful in managing its accounts receivable and efficiently converting credit sales into cash. This improvement in DSO reflects positively on the company's liquidity position and financial management.