Sysco Corporation (SYY)
Days of sales outstanding (DSO)
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 14.75 | 14.03 | 14.63 | 14.37 | 14.97 | — | 14.91 | — | 14.08 | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | 24.75 | 26.02 | 24.94 | 25.39 | 24.38 | — | 24.47 | — | 25.92 | — | — | — | — | — | — | — | — | — | — | — |
June 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 14.75
= 24.75
The days of sales outstanding (DSO) for Sysco Corporation has shown relatively consistent and efficient collection of accounts receivable over the past few quarters. DSO measures how quickly a company collects cash from its credit sales, with lower DSO values indicating quicker collection times.
Looking at the data provided, the DSO figures have ranged between 24.38 days and 26.02 days over the most recent quarters. This suggests that Sysco has been efficient in collecting payments from customers, with DSO fluctuating within a relatively narrow band.
The gradual increase seen in the most recent quarter compared to the prior one could indicate a slight slowdown in collections, which may warrant further investigation. Overall, the stable DSO trend reflects a healthy accounts receivable management strategy by Sysco, ensuring timely conversion of sales into cash inflows.
Peer comparison
Jun 30, 2024
See also:
Sysco Corporation Average Receivable Collection Period (Quarterly Data)