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Altera Corp (NAS:ALTR)
Days Sales Outstanding
101.42 (As of Sep. 2015)

Altera Corp's account receivable for the three months ended in Sep. 2015 was \$444 Mil. Altera Corp's revenue for the three months ended in Sep. 2015 was \$400 Mil. Hence, Altera Corp's days sales outstanding for the three months ended in Sep. 2015 was 101.42.

Altera Corp's days sales outstanding increased from Sep. 2014 (74.28) to Sep. 2015 (101.42).

Definition

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.

Altera Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 377.964 / 1932.089 * 365 = 71.40

Altera Corp's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 444.107 / 399.567 * 365 / 4 = 101.42

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

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

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Altera Corp Annual Data

 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 DaysSalesOutstanding 26.15 26.48 57.45 22.27 66.61 67.91 41.07 66.27 101.76 71.40

Altera Corp Quarterly Data

 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 DaysSalesOutstanding 102.25 89.30 97.01 87.75 84.02 74.28 71.87 90.87 93.51 101.42
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