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Brown-Forman Corp's account receivable for the three months ended in Apr. 2015 was $583 Mil. Brown-Forman Corp's revenue for the three months ended in Apr. 2015 was $739 Mil. Hence, Brown-Forman Corp's days sales outstanding for the three months ended in Apr. 2015 was 71.99.
Brown-Forman Corp's days sales outstanding declined from Apr. 2014 (75.36) to Apr. 2015 (71.99).
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.
Brown-Forman Corp's Days Sales Outstanding for the fiscal year that ended in Apr. 2015 is calculated as
Brown-Forman Corp's Days Sales Outstanding for the quarter that ended in Apr. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Brown-Forman Corp Annual Data
Brown-Forman Corp Quarterly Data