Winnebago Industries Inc (WGO)
Days of sales outstanding (DSO)
| Aug 31, 2024 | Aug 26, 2023 | Aug 27, 2022 | Aug 28, 2021 | Aug 29, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 15.63 | 18.34 | 19.35 | 14.16 | 10.50 | |
| DSO | days | 23.36 | 19.90 | 18.87 | 25.77 | 34.77 |
August 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 15.63
= 23.36
The trend analysis of Winnebago Industries Inc's Days of Sales Outstanding (DSO) over the past five years shows fluctuating results.
- In 2020, the DSO was the highest at 34.77 days, indicating that on average, it took the company about 34.77 days to collect its accounts receivable.
- Subsequently, in 2021, there was a decrease in DSO to 25.77 days, suggesting an improvement in the company's collections efficiency.
- This trend continued in 2022, with the DSO further decreasing to 18.87 days, showcasing a more efficient accounts receivable management process.
- In 2023, there was a slight increase in DSO to 19.90 days, which, although higher than the previous year, still indicates relatively good collection practices.
- Finally, in 2024, the DSO increased to 23.36 days, showing a slight decline in collection efficiency compared to the previous year but still lower than the levels seen in 2020 and 2021.
Overall, while there have been fluctuations in Winnebago Industries Inc's DSO over the years, the general trend indicates an improvement in the company's ability to collect its accounts receivable more promptly. It is important for the company to continue monitoring and managing its DSO to ensure optimal cash flow and financial health.
Peer comparison
Aug 31, 2024