Vestis Corporation (VSTS)
Days of sales outstanding (DSO)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 15.80 | — | — | — | — | |
| DSO | days | 23.10 | — | — | — | — |
September 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 15.80
= 23.10
Based on the available data for Vestis Corporation, the Days Sales Outstanding (DSO) was 23.10 days as of September 30, 2024. Unfortunately, the DSO information for the previous years (2023, 2022, 2021, and 2020) is not provided, making it difficult to assess the trend over multiple periods.
To provide a more insightful analysis, it would be beneficial to compare the current DSO figure with historical data or industry benchmarks to determine if the company's collections efficiency has improved or deteriorated over time. A lower DSO typically indicates faster cash collection and potentially better liquidity management, while a higher DSO could signal potential issues with receivables collection or credit policies. Additionally, understanding the company's payment terms, sales trends, and customer base can provide further context for interpreting the DSO metric accurately.
Peer comparison
Sep 30, 2024