YETI Holdings Inc (YETI)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 15.22 | 17.32 | 20.08 | 12.88 | 16.69 | |
| DSO | days | 23.97 | 21.08 | 18.18 | 28.33 | 21.87 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 15.22
= 23.97
YETI Holdings Inc's Days of Sales Outstanding (DSO) has shown some fluctuations over the past five years. The DSO figure was 21.87 days as of December 31, 2020, and increased to 28.33 days by December 31, 2021. Subsequently, there was a notable improvement as the DSO decreased to 18.18 days on December 31, 2022. However, there was a slight increase in DSO to 21.08 days by December 31, 2023, followed by a further rise to 23.97 days as of December 31, 2024.
Overall, the trend in DSO indicates some variability in YETI's collection efficiency over the years. The company may need to focus on managing its accounts receivable more effectively in order to reduce the DSO figure and improve cash flow.
Peer comparison
Dec 31, 2024