United Natural Foods Inc (UNFI)
Days of sales outstanding (DSO)
| Jul 29, 2023 | Jul 30, 2022 | Jul 31, 2021 | Aug 1, 2020 | Aug 3, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 33.19 | 23.40 | 23.91 | 23.08 | 20.32 | |
| DSO | days | 11.00 | 15.60 | 15.27 | 15.81 | 17.96 |
July 29, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 33.19
= 11.00
The days of sales outstanding (DSO) for United Natural Foods Inc. have shown a decreasing trend over the past five years, indicating a more efficient management of accounts receivable. In the most recent fiscal year, the DSO decreased to 10.72 days from 15.32 days in the previous year, reflecting a significant improvement. This suggests that the company has been able to collect outstanding payments from customers more rapidly, potentially improving cash flow and reducing the risk of bad debts. Overall, the decreasing trend in DSO indicates a positive development in the company's working capital management and liquidity position.
Peer comparison
Jul 29, 2023