VF Corporation (VFC)

Days of sales outstanding (DSO)

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Receivables turnover 7.19 8.19 7.21 8.07 7.12
DSO days 50.75 44.56 50.61 45.24 51.28

March 31, 2025 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.19
= 50.75

The Days Sales Outstanding (DSO) of VF Corporation has shown a fluctuating trend over the past five years. As of March 31, 2021, the DSO stood at 51.28 days, indicating that, on average, it took the company approximately 51 days to collect its accounts receivable.

Over the subsequent years, there has been some variation in the DSO metric. By March 31, 2022, the DSO decreased to 45.24 days, suggesting a potential improvement in the company's collection efficiency. However, the following year saw a slight increase in DSO to 50.61 days by March 31, 2023, indicating a longer collection period.

In the most recent years, VF Corporation managed to lower its DSO metric. As of March 31, 2024, the DSO dropped to 44.56 days, hinting at a more effective accounts receivable management strategy. By March 31, 2025, the DSO slightly increased to 50.75 days compared to the previous year.

Overall, VF Corporation has experienced fluctuations in its DSO metric over the past five years, with some improvements in collection efficiency in certain years and slight setbacks in others. It is essential for the company to continue monitoring and managing its DSO to ensure timely collection of accounts receivable and maintain a healthy liquidity position.