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Brown-Forman Corp's account receivable for the three months ended in Jan. 2015 was $631 Mil. Brown-Forman Corp's revenue for the three months ended in Jan. 2015 was $813 Mil. Hence, Brown-Forman Corp's days sales outstanding for the three months ended in Jan. 2015 was 70.82.
Brown-Forman Corp's days sales outstanding declined from Jan. 2014 (79.23) to Jan. 2015 (70.82).
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. 2014 is calculated as
Brown-Forman Corp's Days Sales Outstanding for the quarter that ended in Jan. 2015 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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