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Cascade Corporation (NYSE:CASC)
Days Sales Outstanding
55.94 (As of Jan. 2013)

Cascade Corporation's account receivable for the three months ended in Jan. 2013 was $76.0 Mil. Cascade Corporation's revenue for the three months ended in Jan. 2013 was $123.6 Mil. Hence, Cascade Corporation's days sales outstanding for the three months ended in Jan. 2013 was 55.94.

Cascade Corporation's days sales outstanding declined from Jan. 2012 (56.19) to Jan. 2013 (55.94).


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.

Cascade Corporation's Days Sales Outstanding for the fiscal year that ended in Jan. 2013 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=75.962/538.408*365
=51.50

Cascade Corporation's Days Sales Outstanding for the quarter that ended in Jan. 2013 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=75.962/123.57*91
=55.94

* 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.

Cascade Corporation Annual Data

Jan04Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13
DaysSalesOutstanding 71.1166.9354.3057.1660.9044.1259.1159.2252.9751.50

Cascade Corporation Quarterly Data

Oct10Jan11Apr11Jul11Oct11Jan12Apr12Jul12Oct12Jan13
DaysSalesOutstanding 62.7754.8459.6758.0256.2956.1956.6155.7955.7555.94
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