Ulta Beauty Inc (ULTA)

Days of sales outstanding (DSO)

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 3, 2024	Jan 31, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022	Jul 31, 2022	Jul 30, 2022	Apr 30, 2022	Jan 31, 2022
Receivables turnover		—	—	—	—	58.13	—	—	50.19	—	63.20	—	60.05	—	51.16	—	46.32	—	55.96	—	—
DSO	days	—	—	—	—	6.28	—	—	7.27	—	5.78	—	6.08	—	7.14	—	7.88	—	6.52	—	—

January 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

Days Sales Outstanding (DSO) is a financial metric that measures the average number of days it takes for a company to collect revenue after a sale is made. In the case of Ulta Beauty Inc, the DSO values fluctuated over the period from January 2022 to January 2025.

- In July 2022, the DSO was at 6.52 days, indicating that on average, Ulta Beauty took approximately 6.52 days to collect its sales revenue.
- The DSO improved to 5.78 days in July 2023, suggesting a more efficient collection process in that period.
- By October 2023, the DSO increased slightly to 7.27 days, which might indicate a longer time taken to collect revenues in that quarter.
- The DSO dropped to 6.28 days in February 2024 before the data goes missing for a few periods.
- Overall, fluctuations in the DSO can indicate changes in Ulta Beauty's accounts receivable management efficiency and collection practices, which are crucial for maintaining healthy cash flow and liquidity. Trends in the DSO should be analyzed in conjunction with other financial metrics to gain a comprehensive understanding of the company's financial health.