CERN has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Cerner Corp's account receivable for the three months ended in Jun. 2016 was $945 Mil. Cerner Corp's revenue for the three months ended in Jun. 2016 was $1,216 Mil. Hence, Cerner Corp's days sales outstanding for the three months ended in Jun. 2016 was 70.91.
During the past 13 years, Cerner Corp's highest Days Sales Outstanding was 102.12. The lowest was 66.04. And the median was 87.99.
Cerner Corp's days sales outstanding declined from Jun. 2015 (77.67) to Jun. 2016 (70.91).
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.
Cerner Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Cerner Corp'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.
Cerner Corp Annual Data
Cerner Corp Quarterly Data