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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.
During the past 13 years, CBRE Group Inc's highest Days Sales Outstanding was 83.11. The lowest was 53.51. And the median was 70.10.
CBRE Group Inc's days sales outstanding increased from Jun. 2015 (91.82) to Jun. 2016 (94.27).
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
CBRE Group Inc's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:
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