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Acuity Brands Inc's account receivable for the three months ended in May. 2015 was $393 Mil. Acuity Brands Inc's revenue for the three months ended in May. 2015 was $684 Mil. Hence, Acuity Brands Inc's days sales outstanding for the three months ended in May. 2015 was 52.43.
Acuity Brands Inc's days sales outstanding declined from May. 2014 (53.26) to May. 2015 (52.43).
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.
Acuity Brands Inc's Days Sales Outstanding for the fiscal year that ended in Aug. 2014 is calculated as
Acuity Brands Inc's Days Sales Outstanding for the quarter that ended in May. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Acuity Brands Inc Annual Data
Acuity Brands Inc Quarterly Data