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Airgas Inc (NYSE:ARG)
Days Sales Outstanding
47.06 (As of Mar. 2016)

Airgas Inc's account receivable for the three months ended in Mar. 2016 was \$667 Mil. Airgas Inc's revenue for the three months ended in Mar. 2016 was \$1,294 Mil. Hence, Airgas Inc's days sales outstanding for the three months ended in Mar. 2016 was 47.06.

Airgas Inc's days sales outstanding declined from Mar. 2015 (49.65) to Mar. 2016 (47.06).

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.

Airgas Inc's Days Sales Outstanding for the fiscal year that ended in Mar. 2016 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 667.399 / 5313.777 * 365 = 45.84

Airgas Inc's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 667.399 / 1294.084 * 365 / 4 = 47.06

* 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.

Airgas Inc Annual Data

 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 DaysSalesOutstanding 22.05 16.68 15.50 17.65 47.24 50.17 52.33 50.45 48.73 45.84

Airgas Inc Quarterly Data

 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 DaysSalesOutstanding 48.82 50.46 49.67 48.33 47.46 49.65 48.60 47.81 47.30 47.06
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