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Coca-Cola European Partners PLC (NYSE:CCE)
Days Sales Outstanding
91.58 (As of Jun. 2016)

Coca-Cola European Partners PLC's account receivable for the three months ended in Jun. 2016 was $2,488 Mil. Coca-Cola European Partners PLC's revenue for the three months ended in Jun. 2016 was $2,479 Mil. Hence, Coca-Cola European Partners PLC's days sales outstanding for the three months ended in Jun. 2016 was 91.58.

CCE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.09   Max: 121.4
Current: 121.4

35.09
121.4

During the past 13 years, Coca-Cola European Partners PLC's highest Days Sales Outstanding was 121.40. The lowest was 35.09. And the median was 62.97.

CCE's Days Sales Outstanding is ranked lower than
74% of the 73 Companies
in the Global Beverages - Soft Drinks industry.

( Industry Median: 46.92 vs. CCE: 121.40 )

Coca-Cola European Partners PLC's days sales outstanding increased from Jun. 2015 (77.48) to Jun. 2016 (91.58).


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.

Coca-Cola European Partners PLC's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1535.20715166/8379.75709001*365
=66.87

Coca-Cola European Partners PLC's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=2487.64044944/2478.67865169*365 / 4
=91.58

* 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.

Coca-Cola European Partners PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 38.5038.6538.6386.2572.2561.1164.8367.3466.8768.41

Coca-Cola European Partners PLC Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 84.7183.5476.9063.1184.6777.4867.7672.2881.3391.58
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