Wingstop Inc (WING)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		37.08	37.79	34.83	50.48	38.58
DSO	days	9.84	9.66	10.48	7.23	9.46

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 37.08
= 9.84

Wingstop Inc's Days Sales Outstanding (DSO) measures the average number of days it takes for the company to collect revenue after making a sale. Over the past five years, Wingstop Inc's DSO has shown some fluctuations.

In 2023, Wingstop's DSO was 9.84 days, slightly higher than the previous year's 9.66 days. This indicates that the company took a bit longer to collect its sales revenue in 2023 compared to 2022.

In 2021, Wingstop's DSO increased to 10.48 days from 7.23 days in 2020, suggesting a significant delay in collecting sales. However, the DSO improved in 2022, showing a reduction from the previous year.

In 2019, Wingstop Inc's DSO was 9.46 days, relatively similar to the 2023 figure. This indicates that the company's ability to collect sales revenue remained relatively consistent over the course of these years.

Overall, while Wingstop experienced fluctuations in its DSO over the five-year period, the company generally maintained a relatively low DSO, indicating efficient management of accounts receivable and timely collection of sales.