Walgreens Boots Alliance Inc (WBA)
Days of sales outstanding (DSO)
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 25.37 | 24.46 | 23.29 | 23.81 | 25.96 | 23.40 | 23.38 | 27.39 | 26.41 | 26.68 | 25.39 | 22.53 | 24.12 | 26.61 | 28.31 | 17.93 | 19.50 | 19.81 | 18.25 | 18.41 | |
| DSO | days | 14.39 | 14.92 | 15.67 | 15.33 | 14.06 | 15.60 | 15.61 | 13.33 | 13.82 | 13.68 | 14.37 | 16.20 | 15.13 | 13.72 | 12.89 | 20.35 | 18.71 | 18.42 | 20.00 | 19.82 |
August 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 25.37
= 14.39
The Days Sales Outstanding (DSO) ratio for Walgreens Boots Alliance Inc has shown some fluctuations over the period from November 2019 to August 2024.
The DSO represents the average number of days it takes for the company to collect revenue after making a sale. A lower DSO indicates that the company is able to collect payments from customers more quickly, which is generally favorable.
Observing the trend in Walgreens Boots Alliance Inc's DSO ratio, we can see that there were some fluctuations. The DSO ranged from a low of 12.89 days to a high of 20.35 days over the period.
In general, a decreasing trend in DSO is considered positive as it indicates that the company is collecting payments more efficiently. On the other hand, an increasing trend in DSO may suggest potential issues with collections or credit management.
Overall, Walgreens Boots Alliance Inc's DSO ratio has shown some variability over the period, and it is important for the company to monitor and manage its accounts receivable effectively to ensure timely collection of revenue.
Peer comparison
Aug 31, 2024
See also:
Walgreens Boots Alliance Inc Average Receivable Collection Period (Quarterly Data)