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Ark Restaurants Corp's account receivable for the three months ended in Mar. 2015 was $2.7 Mil. Ark Restaurants Corp's revenue for the three months ended in Mar. 2015 was $31.5 Mil. Hence, Ark Restaurants Corp's days sales outstanding for the three months ended in Mar. 2015 was 7.92.
Ark Restaurants Corp's days sales outstanding increased from Mar. 2014 (7.90) to Mar. 2015 (7.92).
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.
Ark Restaurants Corp's Days Sales Outstanding for the fiscal year that ended in Sep. 2014 is calculated as
Ark Restaurants Corp's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Ark Restaurants Corp Annual Data
Ark Restaurants Corp Quarterly Data