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Air Products & Chemicals Inc (NYSE:APD)
Days Sales Outstanding
50.65 (As of Sep. 2014)

Air Products & Chemicals Inc's account receivable for the three months ended in Sep. 2014 was $1,486 Mil. Air Products & Chemicals Inc's revenue for the three months ended in Sep. 2014 was $2,677 Mil. Hence, Air Products & Chemicals Inc's days sales outstanding for the three months ended in Sep. 2014 was 50.65.

Air Products & Chemicals Inc's days sales outstanding declined from Sep. 2013 (54.48) to Sep. 2014 (50.65).


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.

Air Products & Chemicals Inc's Days Sales Outstanding for the fiscal year that ended in Sep. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1486/10439*365
=51.96

Air Products & Chemicals Inc's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1486/2677*365 / 4
=50.65

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Air Products & Chemicals Inc Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
DaysSalesOutstanding 67.5364.5369.6955.2160.2759.9357.0258.6655.3751.96

Air Products & Chemicals Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysSalesOutstanding 55.3154.0953.7055.8157.8954.4855.9757.0355.8650.65
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