Best Buy Co (BSP:BBYY34) Days Sales Outstanding : 5.81 (As of Jan. 2024)

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What is Best Buy Co Days Sales Outstanding?

Best Buy Co's average Accounts Receivable for the three months ended in Jan. 2024 was R$4,587 Mil. Best Buy Co's Revenue for the three months ended in Jan. 2024 was R$72,032 Mil. Hence, Best Buy Co's Days Sales Outstanding for the three months ended in Jan. 2024 was 5.81.

The historical rank and industry rank for Best Buy Co's Days Sales Outstanding or its related term are showing as below:

BSP:BBYY34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.41 Med: 8.92 Max: 11.71
Current: 7.89

During the past 13 years, Best Buy Co's highest Days Sales Outstanding was 11.71. The lowest was 7.41. And the median was 8.92.

BSP:BBYY34's Days Sales Outstanding is ranked better than
71.06% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.55 vs BSP:BBYY34: 7.89

Best Buy Co's Days Sales Outstanding declined from Jan. 2023 (6.82) to Jan. 2024 (5.81).

Best Buy Co Days Sales Outstanding Historical Data

The historical data trend for Best Buy Co's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Best Buy Co Days Sales Outstanding Chart

Best Buy Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Sales Outstanding

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8.63

7.53

7.30

8.87

9.00

Best Buy Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															6.82	9.83	8.36	8.01	5.81

Competitive Comparison of Best Buy Co's Days Sales Outstanding

For the Specialty Retail subindustry, Best Buy Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Best Buy Co's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Best Buy Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Best Buy Co's Days Sales Outstanding falls into.

Best Buy Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Best Buy Co's Days Sales Outstanding for the fiscal year that ended in Jan. 2024 is calculated as

	Days Sales Outstanding (A: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (5924.3	+	4618.19)	/	2 )	/	213705.626	*	365
=	5271.245					/	213705.626	*	365
=	9.00

Best Buy Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (4555.366	+	4618.19)	/	2 )	/	72031.957	*	365 / 4
=	4586.778					/	72031.957	*	365 / 4
=	5.81

Best Buy Co (BSP:BBYY34) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Best Buy Co Days Sales Outstanding Related Terms

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Best Buy Co (BSP:BBYY34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Best Buy Co Inc (BSP:BBYY34) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

BBY:USA BBY:Mexico BUY:Germany

Address

7601 Penn Avenue South, Richfield, MN, USA, 55423

Website

https://www.investors.bestbuy.com

With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Best Buy Co (BSP:BBYY34) Headlines

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