United Natural Foods Inc (UNFI)
Days of sales outstanding (DSO)
| Aug 3, 2024 | Jul 29, 2023 | Jul 30, 2022 | Jul 31, 2021 | Aug 1, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 31.27 | 33.19 | 23.40 | 23.91 | 23.08 | |
| DSO | days | 11.67 | 11.00 | 15.60 | 15.27 | 15.81 |
August 3, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 31.27
= 11.67
United Natural Foods Inc's Days Sales Outstanding (DSO) measures the average number of days it takes for the company to collect revenue after making a sale. The trend of DSO over the past five years indicates the efficiency of the company's accounts receivable management.
The DSO has shown a slight increase over the past two years, from 11.00 days in 2023 to 11.67 days in 2024. This suggests a slight delay in collecting revenue after sales during the most recent period. However, compared to the DSO of 15.81 days in 2020, the current DSO figure remains relatively lower, indicating an improvement in the collection process over the longer term.
Overall, United Natural Foods Inc's DSO has been relatively stable over the past five years, with fluctuations within a reasonable range. The company should continue to monitor its DSO closely to ensure efficient management of accounts receivable and timely collection of revenue to improve cash flow and overall financial performance.
Peer comparison
Aug 3, 2024