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Acuity Brands Inc (NYSE:AYI)
Days Sales Outstanding
56.01 (As of Nov. 2016)

Acuity Brands Inc's account receivable for the three months ended in Nov. 2016 was $523 Mil. Acuity Brands Inc's revenue for the three months ended in Nov. 2016 was $851 Mil. Hence, Acuity Brands Inc's days sales outstanding for the three months ended in Nov. 2016 was 56.01.

AYI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.63   Max: 63.52
Current: 55.99

42.63
63.52

During the past 13 years, Acuity Brands Inc's highest Days Sales Outstanding was 63.52. The lowest was 42.63. And the median was 54.45.

AYI's Days Sales Outstanding is ranked higher than
71% of the 1849 Companies
in the Global Electronic Components industry.

( Industry Median: 75.96 vs. AYI: 55.99 )

Acuity Brands Inc's days sales outstanding increased from Nov. 2015 (51.50) to Nov. 2016 (56.01).


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.

Acuity Brands Inc's Days Sales Outstanding for the fiscal year that ended in Aug. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=572.8/3291.3*365
=63.52

Acuity Brands Inc's Days Sales Outstanding for the quarter that ended in Nov. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=522.5/851.2*365 / 4
=56.01

* 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.

Acuity Brands Inc Annual Data

Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15Aug16
DaysSalesOutstanding 42.6348.4450.0857.2353.3849.7955.6156.9455.5263.52

Acuity Brands Inc Quarterly Data

Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16
DaysSalesOutstanding 50.9552.4052.6852.4349.4651.5053.8352.9456.4856.01
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