Worthington Industries Inc (WOR)
Days of sales outstanding (DSO)
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | 5.59 | 6.00 | 11.43 | 13.43 | 17.25 | 5.96 | 5.63 | 18.52 | 6.08 | 7.67 | 6.75 | 5.97 | 5.47 | 5.53 | 4.98 | 4.94 | 5.30 | 6.31 | 6.83 | |
| DSO | days | — | 65.24 | 60.79 | 31.93 | 27.18 | 21.16 | 61.19 | 64.86 | 19.70 | 59.99 | 47.57 | 54.07 | 61.14 | 66.74 | 66.03 | 73.25 | 73.88 | 68.86 | 57.83 | 53.43 |
May 31, 2025 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The Days of Sales Outstanding (DSO) for Worthington Industries Inc. has exhibited notable fluctuations over the analyzed period from August 2020 through May 2025. Initially, the DSO ranged from approximately 53.43 days in August 2020, gradually increasing to a peak of around 73.88 days by May 2021. This upward trend persisted into August 2021, with the DSO roughly maintaining at 73.25 days, indicating a period characterized by extended collection periods.
Subsequently, a gradual decline emerged, with DSO decreasing to approximately 47.57 days by November 2022. This reduction suggests improved receivables collection efficiency during this interval. The lowest recorded DSO within the dataset was approximately 19.70 days as of May 2023, representing a significant decrease from earlier periods and indicating a period of notably faster collections.
Following this trough, the DSO increased again to around 64.86 days by August 2023, reflecting a potential slowdown in receivables collection. The figure remained relatively stable into November 2023 at approximately 61.19 days. A sharp decline was observed as the DSO approached February 2024, with a notable decrease to approximately 21.16 days, signaling an improvement in collection efficiency during this time.
However, the DSO increased again by May 2024, reaching around 27.18 days, and then rose further to approximately 31.93 days by August 2024. The subsequent data points indicate an upward trend, with DSO reaching approximately 60.79 days in November 2024 and 65.24 days in February 2025. The latest available data for May 2025 is not provided.
Overall, the DSO for Worthington Industries Inc. shows periods of both extension and contraction. The most recent data suggest some stabilization around the mid-60-day range, though this remains higher than the period of lowest DSO in May 2023. These fluctuations may reflect changes in credit policies, customer payment behaviors, or operational adjustments over the analyzed timeframe.
Peer comparison
May 31, 2025