Tapestry Inc (TPR)
Days of sales outstanding (DSO)
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 29.30 | 12.92 | 12.00 | 12.30 | 14.37 | 13.42 | 13.81 | 13.04 | 31.49 | 15.02 | 26.09 | 24.89 | 26.49 | 16.01 | 32.52 | 25.57 | 12.63 | 12.31 | 14.00 | 19.02 | |
| DSO | days | 12.46 | 28.24 | 30.41 | 29.67 | 25.41 | 27.20 | 26.44 | 27.99 | 11.59 | 24.30 | 13.99 | 14.67 | 13.78 | 22.80 | 11.22 | 14.27 | 28.89 | 29.64 | 26.06 | 19.19 |
June 30, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 29.30
= 12.46
The data on Tapestry Inc’s Days of Sales Outstanding (DSO) from September 30, 2020, to June 30, 2025, reveals notable fluctuations over this period. Initially, the DSO was approximately 19.19 days at the end of September 2020, indicating a relatively efficient collection of receivables. Over the subsequent quarters, the DSO increased significantly, reaching 26.06 days at the end of December 2020 and peaking at 29.64 days by March 2021. This upward trend persisted through 2021, with the DSO maintaining elevated levels around the high teens to low twenties, and reaching a maximum of approximately 28.89 days on June 30, 2021.
Starting from September 2021, a marked decline in DSO is observed, with the metric dropping to as low as 11.22 days by December 2021, suggesting an improvement in receivables collection efficiency. The trend continued into 2022, with DSO values oscillating between roughly 13.78 days on June 30 and 14.67 days at the end of September, indicating stabilized collection periods around two weeks.
Throughout 2022 and into early 2023, the DSO remained relatively stable, generally fluctuating between approximately 13.99 and 24.30 days. However, a slight upward movement is evident again by September 2023, where the DSO increased to nearly 28 days, indicating a slowdown in receivables collection. This upward trend persisted into the end of 2023 and early 2024, with DSO values reaching around 27.20 days in March 2024 and surpassing 29 days in September 2024.
From late 2024 onward, the DSO exhibits variability, with a notable decrease to approximately 12.46 days on June 30, 2025, before increasing again to 28.24 days in March 2025 and 30.41 days in December 2024. Overall, the observed pattern indicates cyclical fluctuations in collection efficiency, with periods of improvement and deterioration. These fluctuations may reflect seasonal factors, changes in credit policies, or shifts in customer payment behaviors over the analyzed timeframe.
Peer comparison
Jun 30, 2025