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Bemis Co Inc's account receivable for the three months ended in Mar. 2016 was $490 Mil. Bemis Co Inc's revenue for the three months ended in Mar. 2016 was $968 Mil. Hence, Bemis Co Inc's days sales outstanding for the three months ended in Mar. 2016 was 46.16.
During the past 13 years, Bemis Co Inc's highest Days Sales Outstanding was 48.60. The lowest was 40.46. And the median was 44.90.
Bemis Co Inc's days sales outstanding declined from Mar. 2015 (49.88) to Mar. 2016 (46.16).
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.
Bemis Co Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Bemis Co Inc's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Bemis Co Inc Annual Data
Bemis Co Inc Quarterly Data