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Advent Software Inc's account receivable for the three months ended in Sep. 2014 was $55.3 Mil. Advent Software Inc's revenue for the three months ended in Sep. 2014 was $99.0 Mil. Hence, Advent Software Inc's days sales outstanding for the three months ended in Sep. 2014 was 50.96.
Advent Software Inc's days sales outstanding declined from Sep. 2013 (53.37) to Sep. 2014 (50.96).
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.
Advent Software Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Advent Software Inc's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Advent Software Inc Annual Data
Advent Software Inc Quarterly Data