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Sothebys (NYSE:BID)
Days Sales Outstanding
255.25 (As of Jun. 2016)

Sothebys's account receivable for the three months ended in Jun. 2016 was $835.4 Mil. Sothebys's revenue for the three months ended in Jun. 2016 was $298.7 Mil. Hence, Sothebys's days sales outstanding for the three months ended in Jun. 2016 was 255.25.

BID' s Days Sales Outstanding Range Over the Past 10 Years
Min: 214.16   Max: 355.54
Current: 346.9

214.16
355.54

During the past 13 years, Sothebys's highest Days Sales Outstanding was 355.54. The lowest was 214.16. And the median was 304.34.

BID's Days Sales Outstanding is ranked lower than
100% of the 714 Companies
in the Global Specialty Retail industry.

( Industry Median: 11.77 vs. BID: 346.90 )

Sothebys's days sales outstanding increased from Jun. 2015 (226.12) to Jun. 2016 (255.25).


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.

Sothebys's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=875.265/961.494*365
=332.27

Sothebys's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=835.431/298.665*365 / 4
=255.25

* 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.

Sothebys Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 214.16332.25287.29281.28321.39242.87283.78347.43355.54332.27

Sothebys Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 304.27269.91436.05237.40279.14226.12161.56237.83429.25255.25
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