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Ansys Inc's account receivable for the three months ended in Mar. 2016 was $82.5 Mil. Ansys Inc's revenue for the three months ended in Mar. 2016 was $225.9 Mil. Hence, Ansys Inc's days sales outstanding for the three months ended in Mar. 2016 was 33.32.
During the past 13 years, Ansys Inc's highest Days Sales Outstanding was 51.70. The lowest was 35.46. And the median was 45.20.
Ansys Inc's days sales outstanding declined from Mar. 2015 (33.92) to Mar. 2016 (33.32).
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.
Ansys Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Ansys Inc's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Ansys Inc Annual Data
Ansys Inc Quarterly Data