SpartanNash Co (SPTN)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | 21.42 | — | 24.50 | — | 25.36 | — | — | — | — | — | 24.51 | — | — | — | — | |
| DSO | days | — | — | — | — | — | 17.04 | — | 14.90 | — | 14.39 | — | — | — | — | — | 14.89 | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The Days Sales Outstanding (DSO) for SpartanNash Co provides insights into the efficiency of the company in collecting its accounts receivable. A lower DSO indicates that the company is collecting payments from customers more quickly, which is generally favorable.
Based on the provided data, the DSO for SpartanNash Co fluctuates over the given period. As of April 23, 2022, the DSO was 14.89 days, suggesting that the company takes approximately 14.89 days to collect its accounts receivable. This indicates a relatively efficient collection process.
Furthermore, the DSO remained unchanged at 14.39 days as of April 22, 2023, signaling consistent efficiency in collecting payments from customers.
However, the DSO increased to 17.04 days by October 7, 2023, which could indicate potential issues in accounts receivable management. A higher DSO may imply that the company is facing difficulties in collecting payments promptly.
Overall, SpartanNash Co should closely monitor its DSO to ensure efficient accounts receivable management and timely collection of payments from customers to maintain financial health and liquidity.
Peer comparison
Dec 31, 2024