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ConAgra Foods Inc's account receivable for the three months ended in May. 2015 was $973 Mil. ConAgra Foods Inc's revenue for the three months ended in May. 2015 was $4,105 Mil. Hence, ConAgra Foods Inc's days sales outstanding for the three months ended in May. 2015 was 21.63.
ConAgra Foods Inc's days sales outstanding declined from May. 2014 (24.39) to May. 2015 (21.63).
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.
ConAgra Foods Inc's Days Sales Outstanding for the fiscal year that ended in May. 2015 is calculated as
ConAgra Foods Inc's Days Sales Outstanding for the quarter that ended in May. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
ConAgra Foods Inc Annual Data
ConAgra Foods Inc Quarterly Data