Winnebago Industries Inc (WGO)
Days of sales outstanding (DSO)
| Aug 31, 2024 | May 25, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 15.58 | 14.87 | 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 | |
| DSO | days | 23.43 | 24.54 | 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 |
August 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 15.58
= 23.43
Based on the data provided for Winnebago Industries Inc, the Days of Sales Outstanding (DSO) has shown some fluctuations over the historical period. DSO represents the average number of days it takes for a company to collect payment after making a sale.
The trend in DSO for Winnebago Industries Inc indicates that the company has experienced variations in its collection efficiency. In more recent periods, DSO has ranged from around 19 to 28 days, with occasional spikes reaching up to 34 days. This implies that the company, on average, takes between 19 to 34 days to collect payment from its customers.
A lower DSO indicates a faster collection of accounts receivable, which is generally favorable as it means the company is efficiently managing its working capital. Conversely, a higher DSO suggests that the company may be facing challenges in collecting payments promptly, potentially leading to cash flow issues.
Overall, Winnebago Industries Inc should monitor its DSO closely and aim to maintain a consistent and efficient collections process to ensure healthy cash flows and financial stability.
Peer comparison
Aug 31, 2024