Vestis Corporation (VSTS)
Days of sales outstanding (DSO)
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | |
| DSO | days | — | — | — | — |
September 30, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
To perform a comprehensive analysis of Vestis Corporation's days of sales outstanding (DSO) over the given four-year period, it is essential to have the actual data for DSO for each year. As the table currently shows dashes for each year, indicating that the specific DSO values are not provided, a detailed analysis based on the existing data is not feasible.
However, when DSO data is available for Vestis Corporation, it can provide insights into the company's accounts receivable management efficiency. A lower DSO generally indicates that the company is collecting receivables more quickly, which may suggest effective credit policies or strong relationships with customers. Conversely, a higher DSO could indicate potential issues with collections, credit worthiness of customers, or the need for more stringent credit policies.
To gain a thorough understanding of Vestis Corporation's DSO trend and to make meaningful comparisons, it would be necessary to obtain the actual DSO figures for each year in the table. This data will enable a detailed analysis of the company's accounts receivable management and overall financial performance over the specified period.
Peer comparison
Sep 30, 2023