SpartanNash Co (SPTN)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Oct 7, 2023 | Jul 15, 2023 | Apr 22, 2023 | Dec 31, 2022 | Oct 8, 2022 | Apr 23, 2022 | Dec 31, 2021 | Oct 9, 2021 | Jul 17, 2021 | Apr 24, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jul 11, 2020 | Apr 18, 2020 | Dec 31, 2019 | Oct 5, 2019 | Jul 13, 2019 | Apr 20, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 23.06 | 22.92 | 23.05 | 25.01 | 23.42 | — | 22.85 | 24.69 | — | — | 26.39 | 26.14 | — | — | — | — | — | — | — | — | |
| DSO | days | 15.83 | 15.93 | 15.83 | 14.60 | 15.58 | — | 15.97 | 14.78 | — | — | 13.83 | 13.96 | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 23.06
= 15.83
Days of Sales Outstanding (DSO) measures the average number of days it takes for a company to collect payment after making a sale. In the case of SpartanNash Co, the DSO has been relatively consistent over the past few quarters, ranging from around 14.60 days to 15.97 days.
A lower DSO indicates that the company is collecting payments more quickly, which can be a positive sign of efficient accounts receivables management. SpartanNash Co's DSO figures suggest that the company is effectively managing its accounts receivable, with customers paying their invoices within a reasonable time frame.
It is worth noting that there are a few quarters with missing data, indicating that DSO could potentially fluctuate during those periods. Overall, the stability and relatively low values of DSO for SpartanNash Co reflect positively on the company's cash flow management and collection efforts.
Peer comparison
Dec 31, 2023