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Array BioPharma Inc (NAS:ARRY)
Days Sales Outstanding
83.01 (As of Jun. 2016)

Array BioPharma Inc's account receivable for the six months ended in Jun. 2016 was $39.3 Mil. Array BioPharma Inc's revenue for the six months ended in Jun. 2016 was $43.2 Mil. Hence, Array BioPharma Inc's days sales outstanding for the six months ended in Jun. 2016 was 166.01.

ARRY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.06   Max: 497.21
Current: 76.96

2.06
497.21

During the past 13 years, Array BioPharma Inc's highest Days Sales Outstanding was 497.21. The lowest was 2.06. And the median was 47.09.

ARRY's Days Sales Outstanding is ranked lower than
62% of the 601 Companies
in the Global Biotechnology industry.

( Industry Median: 61.72 vs. ARRY: 76.96 )

Array BioPharma Inc's days sales outstanding declined from Dec. 2015 (166.85) to Jun. 2016 (83.01).

Warning Sign:

If a company sales outstanding increases, it means it has difficulty collecting payment from its customers.


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.

Array BioPharma Inc's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=6.307/51.909*365
=44.35

Array BioPharma Inc's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=39.302/43.205*365 / 2
=166.01

* 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

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Array BioPharma Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysSalesOutstanding 2.06497.210.000.000.004.6150.3347.0944.35104.04

Array BioPharma Inc Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 82.4190.2116.5429.2546.7176.08166.85133.3883.0178.86
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