VF Corporation (VFC)

Days of sales outstanding (DSO)

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 Mar 31, 2020
Receivables turnover 7.29 5.41 9.54 7.99 8.03 5.90 9.24 7.09 7.37 6.35 9.41 7.97 7.59 6.01 8.94 7.01 6.20 5.57 10.18 8.02
DSO days 50.06 67.43 38.27 45.66 45.43 61.90 39.52 51.46 49.51 57.49 38.77 45.81 48.09 60.75 40.82 52.06 58.83 65.58 35.87 45.52

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.29
= 50.06

The days of sales outstanding (DSO) for VF Corporation have shown fluctuations over the periods provided. The DSO measures the average number of days it takes for a company to collect payment after a sale has been made.

From March 31, 2020, to June 30, 2020, VF Corporation experienced a decrease in DSO from 45.52 days to 35.87 days, indicating a more efficient collection of receivables. However, by September 30, 2020, the DSO increased to 65.58 days, suggesting a slower collection process.

Over the subsequent quarters, the DSO figures continued to fluctuate, with some quarters showing improvements and others showing increases in the number of days outstanding. Notable decreases in DSO were observed on June 30, 2021, and June 30, 2022, while significant increases were noted on September 30, 2020, and September 30, 2024.

Overall, the trend in VF Corporation's DSO reflects varying levels of efficiency in collecting receivables, which can have implications for cash flow management and the company's overall working capital position.