John Wiley & Sons (WLY)
Days of sales outstanding (DSO)
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 8.34 | 11.68 | 12.99 | 12.66 | 6.40 | 7.07 | 7.83 | 7.31 | 6.21 | 7.68 | 6.93 | 6.98 | 6.19 | 6.69 | 6.77 | 6.44 | 5.85 | 6.06 | 7.69 | 6.40 | |
| DSO | days | 43.74 | 31.25 | 28.10 | 28.84 | 57.06 | 51.61 | 46.62 | 49.95 | 58.82 | 47.54 | 52.66 | 52.30 | 58.96 | 54.53 | 53.90 | 56.72 | 62.35 | 60.22 | 47.49 | 57.05 |
April 30, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.34
= 43.74
The Days of Sales Outstanding (DSO) ratio for John Wiley & Sons fluctuated over the past two years, indicating varying efficiency in collecting accounts receivable. On average, the company took around 47 days to collect its receivables in the latest period, which was an improvement compared to the prior period. The trend suggests that the company has been increasingly efficient in collecting payments from customers.
However, it's worth noting that there were periods, such as in April 2020 and January 2020, where the DSO was relatively high, indicating potential challenges in collecting receivables during those months. Overall, a lower DSO is preferable as it signifies quicker turnover of receivables and better liquidity management.
Further analysis to understand the specific reasons behind the changes in the DSO ratio, such as changes in the company's credit policies, customer payment behavior, or overall economic conditions, would provide valuable insights to assess the company's receivables management effectiveness.
Peer comparison
Apr 30, 2024