United Natural Foods Inc (UNFI)
Days of sales outstanding (DSO)
| Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | Apr 27, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 29.53 | 29.03 | 33.19 | 29.82 | 29.48 | 21.37 | 23.42 | 22.75 | 21.99 | 21.44 | 23.89 | — | 23.55 | 22.61 | 23.21 | — | — | — | 19.94 | 16.47 | |
| DSO | days | 12.36 | 12.57 | 11.00 | 12.24 | 12.38 | 17.08 | 15.58 | 16.04 | 16.60 | 17.02 | 15.28 | — | 15.50 | 16.14 | 15.73 | — | — | — | 18.31 | 22.16 |
January 27, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 29.53
= 12.36
Days Sales Outstanding (DSO) represents the average number of days it takes for a company to collect payment after making a sale. A lower DSO indicates that the company is collecting payments more quickly, which is generally favorable.
In the case of United Natural Foods Inc., the trend in DSO over the past eight quarters shows some variability. In the most recent quarter, Q2 2024, the DSO was 11.95 days, slightly lower than the previous quarter's 12.21 days. This implies that the company was able to collect payments more efficiently in Q2 2024.
Looking further back, in Q4 2023, the DSO was 10.72 days, the lowest value in the provided data series. This suggests that the company had a particularly strong performance in collecting payments in that quarter. However, in Q1 2023 and Q2 2023, the DSO was higher at 16.74 days and 12.12 days, respectively, indicating a temporary decline in payment collection efficiency.
Overall, it appears that United Natural Foods Inc. has been able to manage its DSO effectively over the past eight quarters, with some fluctuations observed. It is important for the company to monitor and analyze DSO continuously to ensure efficient cash flow management and financial performance.
Peer comparison
Jan 27, 2024