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Brown-Forman Corporation (NYSE:BF.B)
Days Sales Outstanding
79.01 (As of Jan. 2014)

Brown-Forman Corporation's account receivable for the three months ended in Jan. 2014 was $679 Mil. Brown-Forman Corporation's revenue for the three months ended in Jan. 2014 was $782 Mil. Hence, Brown-Forman Corporation's days sales outstanding for the three months ended in Jan. 2014 was 79.01.

Brown-Forman Corporation's days sales outstanding increased from Jan. 2013 (77.21) to Jan. 2014 (79.01).


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.

Brown-Forman Corporation's Days Sales Outstanding for the fiscal year that ended in Apr. 2013 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=548/2849*365
=70.21

Brown-Forman Corporation's Days Sales Outstanding for the quarter that ended in Jan. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=679/782*91
=79.01

* 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.

Brown-Forman Corporation Annual Data

Apr04Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13
DaysSalesOutstanding 76.7060.7660.6566.4864.0453.9961.7970.0163.6770.21

Brown-Forman Corporation Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
DaysSalesOutstanding 57.6273.7671.7571.7279.8277.2175.5671.9079.6479.01
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