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Adept Technology Inc's account receivable for the three months ended in Jun. 2015 was $10.59 Mil. Adept Technology Inc's revenue for the three months ended in Jun. 2015 was $13.88 Mil. Hence, Adept Technology Inc's days sales outstanding for the three months ended in Jun. 2015 was 69.58.
During the past 13 years, Adept Technology Inc's highest Days Sales Outstanding was 89.75. The lowest was 61.43. And the median was 70.95.
Adept Technology Inc's days sales outstanding declined from Jun. 2014 (70.22) to Jun. 2015 (69.58).
Days sales outstanding measures of 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 receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
Adept Technology Inc's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as
Adept Technology Inc's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Adept Technology Inc Annual Data
Adept Technology Inc Quarterly Data