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Coca-Cola Enterprises Inc's account receivable for the three months ended in Mar. 2015 was $1,475 Mil. Coca-Cola Enterprises Inc's revenue for the three months ended in Mar. 2015 was $1,631 Mil. Hence, Coca-Cola Enterprises Inc's days sales outstanding for the three months ended in Mar. 2015 was 82.52.
Coca-Cola Enterprises Inc's days sales outstanding declined from Mar. 2014 (84.71) to Mar. 2015 (82.52).
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.
Coca-Cola Enterprises Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Coca-Cola Enterprises Inc's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Coca-Cola Enterprises Inc Annual Data
Coca-Cola Enterprises Inc Quarterly Data