Winnebago Industries Inc (WGO)
Days of sales outstanding (DSO)
| Feb 24, 2024 | Nov 25, 2023 | Aug 26, 2023 | May 27, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 25, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 12.88 | 17.21 | 18.34 | 18.86 | 15.73 | 23.24 | 19.35 | 12.78 | 11.26 | 14.99 | 14.16 | 14.49 | 11.83 | 10.97 | 10.56 | 12.99 | 12.38 | 12.40 | 12.56 | 10.73 | |
| DSO | days | 28.35 | 21.21 | 19.90 | 19.35 | 23.21 | 15.71 | 18.87 | 28.57 | 32.43 | 24.35 | 25.77 | 25.19 | 30.86 | 33.26 | 34.55 | 28.10 | 29.47 | 29.43 | 29.05 | 34.01 |
February 24, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 12.88
= 28.35
Days Sales Outstanding (DSO) is a key metric used to evaluate how efficiently a company is able to collect its accounts receivable. A lower DSO value indicates that the company is collecting payments from its customers more quickly, while a higher DSO may imply that the company is taking longer to convert its sales into cash.
Analyzing the DSO trend for Winnebago Industries Inc over the past few quarters, we can see fluctuations in the values. The DSO has ranged from a low of 15.71 days to a high of 34.55 days over the period under review. Generally, a decreasing trend in DSO indicates an improvement in accounts receivable management, as the company is able to collect payments more quickly.
Looking at the most recent data as of February 24, 2024, Winnebago Industries Inc had a DSO of 28.35 days. This value is on the higher end compared to some of the historical values, suggesting that the company may be taking longer to collect payments from its customers in that quarter. It is important for the company to closely monitor its accounts receivable process to ensure timely collections and improve cash flow efficiency.
Overall, Winnebago Industries Inc should aim to maintain a stable or decreasing trend in DSO to demonstrate effective accounts receivable management and ensure a healthy cash flow cycle. Improving DSO can enhance the company's liquidity position and financial performance in the long run.
Peer comparison
Feb 24, 2024