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CBRE Group Inc's account receivable for the three months ended in Sep. 2014 was $1,609 Mil. CBRE Group Inc's revenue for the three months ended in Sep. 2014 was $2,275 Mil. Hence, CBRE Group Inc's days sales outstanding for the three months ended in Sep. 2014 was 64.52.
CBRE Group Inc's days sales outstanding declined from Sep. 2013 (67.02) to Sep. 2014 (64.52).
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.
CBRE Group Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
CBRE Group Inc's Days Sales Outstanding for the quarter that ended in Sep. 2014 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.
CBRE Group Inc Annual Data
CBRE Group Inc Quarterly Data