Switch to:
Cerner Corp (NAS:CERN)
Days Sales Outstanding
70.91 (As of Jun. 2016)

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.

CERN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.04   Max: 102.12
Current: 74.05

66.04
102.12

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.

CERN's Days Sales Outstanding is ranked lower than
57% of the 1451 Companies
in the Global Health Information Services industry.

( Industry Median: 67.60 vs. CERN: 74.05 )

Cerner Corp's days sales outstanding declined from Jun. 2015 (77.67) to Jun. 2016 (70.91).


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.

Cerner Corp'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
=994.95/4425.267*365
=82.06

Cerner Corp's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=944.875/1215.962*365 / 4
=70.91

* 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.

Cerner Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 95.7393.91102.12100.7394.0878.2775.0668.6066.0482.06

Cerner Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 61.1461.7862.9660.6681.9177.6781.8977.2572.3170.91
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK