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CBRE Group Inc (NYSE:CBG)
Days Sales Outstanding
94.27 (As of Jun. 2016)

CBRE Group Inc's account receivable for the three months ended in Jun. 2016 was $3,314 Mil. CBRE Group Inc's revenue for the three months ended in Jun. 2016 was $3,208 Mil. Hence, CBRE Group Inc's days sales outstanding for the three months ended in Jun. 2016 was 94.27.

CBG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.51   Max: 97.02
Current: 97.02

53.51
97.02

During the past 13 years, CBRE Group Inc's highest Days Sales Outstanding was 97.02. The lowest was 53.51. And the median was 70.10.

CBG's Days Sales Outstanding is ranked lower than
83% of the 994 Companies
in the Global Real Estate Services industry.

( Industry Median: 22.29 vs. CBG: 97.02 )

CBRE Group Inc's days sales outstanding increased from Jun. 2015 (91.82) to Jun. 2016 (94.27).


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.

CBRE Group Inc'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
=2471.74/10855.81*365
=83.11

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3313.707/3207.537*365 / 4
=94.27

* 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.

CBRE Group Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 79.7465.4353.5167.9967.0870.1770.7675.5270.0383.11

CBRE Group Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 69.4170.2992.4756.84117.7491.8276.5360.95100.7394.27
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