Vestis Corporation (VSTS)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | ||||
| DSO | days | — | — | — | — |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
To analyze Vestis Corporation's days of sales outstanding (DSO) over time, we would need the accounts receivable figures for the corresponding periods. DSO is calculated as (Accounts Receivable / Total Credit Sales) x Number of Days in the Period.
Without the specific values for accounts receivable and credit sales for each period, we are unable to provide a detailed analysis of Vestis Corporation's DSO trend over time. However, DSO is a measure of how quickly a company collects its accounts receivable, and a decreasing trend in DSO over time generally indicates that the company is collecting its receivables more efficiently.
To gain more insights into Vestis Corporation's DSO and its implications, it is recommended to obtain the specific financial data for the periods mentioned and calculate the DSO values accordingly. By comparing these values across different periods, one can assess the company's overall effectiveness in managing its accounts receivable and cash flows.
Peer comparison
Dec 31, 2023