Universal Corporation (UVV)
Days of sales outstanding (DSO)
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 | Jun 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Receivables turnover | 4.66 | 4.64 | 4.80 | 5.69 | 5.18 | 5.70 | 6.23 | 5.92 | 6.20 | 4.65 | 4.57 | 5.94 | 5.39 | 5.16 | 5.81 | 6.08 | 5.39 | 5.54 | 4.85 | 7.56 | |
DSO | days | 78.39 | 78.74 | 76.05 | 64.14 | 70.47 | 63.99 | 58.55 | 61.64 | 58.84 | 78.50 | 79.82 | 61.46 | 67.67 | 70.75 | 62.83 | 60.05 | 67.74 | 65.93 | 75.22 | 48.25 |
March 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.66
= 78.39
The Days of Sales Outstanding (DSO) for Universal Corporation have shown a fluctuating trend over the past few years. In the most recent quarter, as of March 31, 2025, the DSO stood at 78.39 days. This indicates the average number of days it takes for the company to collect revenue after making a sale.
Analyzing the trend, we observe variations in DSO values across quarters. For instance, there was a notable increase in DSO from September 30, 2022 (79.82 days) to December 31, 2022 (78.50 days), followed by a slight decrease by March 31, 2023 (58.84 days).
Although there have been fluctuations, it is essential to compare the DSO to industry benchmarks and historical performance to assess whether Universal Corporation's accounts receivable management is efficient.
Overall, monitoring DSO can provide insights into the company's liquidity, credit policies, and efficiency in collecting receivables. It is crucial for Universal Corporation to manage its DSO effectively to optimize cash flow and maintain financial health.
Peer comparison
Mar 31, 2025