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Apollo Education Group Inc's account receivable for the three months ended in Feb. 2014 was $199 Mil. Apollo Education Group Inc's revenue for the three months ended in Feb. 2014 was $679 Mil. Hence, Apollo Education Group Inc's days sales outstanding for the three months ended in Feb. 2014 was 26.68.
Apollo Education Group Inc's days sales outstanding increased from Feb. 2013 (19.37) to Feb. 2014 (26.68).
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.
Apollo Education Group Inc's Days Sales Outstanding for the fiscal year that ended in Aug. 2013 is calculated as
Apollo Education Group Inc's Days Sales Outstanding for the quarter that ended in Feb. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Apollo Education Group Inc Annual Data
Apollo Education Group Inc Quarterly Data