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Best Buy Co Inc (NYSE:BBY)
Days Sales Outstanding
10.28 (As of Jul. 2014)

Best Buy Co Inc's account receivable for the three months ended in Jul. 2014 was $1,005 Mil. Best Buy Co Inc's revenue for the three months ended in Jul. 2014 was $8,896 Mil. Hence, Best Buy Co Inc's days sales outstanding for the three months ended in Jul. 2014 was 10.28.

Best Buy Co Inc's days sales outstanding declined from Jul. 2013 (11.67) to Jul. 2014 (10.28).


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.

Best Buy Co Inc's Days Sales Outstanding for the fiscal year that ended in Jan. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1308/42410*365
=11.26

Best Buy Co Inc's Days Sales Outstanding for the quarter that ended in Jul. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1005/8896*91
=10.28

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Best Buy Co Inc Annual Data

Feb04Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Jan14
DaysSalesOutstanding 5.104.995.195.575.0115.1514.8417.2316.4711.26

Best Buy Co Inc Quarterly Data

Feb12Apr12Jul12Oct12Apr13Jul13Oct13Jan14Apr14Jul14
DaysSalesOutstanding 12.7614.4718.4221.839.1211.6710.928.288.7710.28
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