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Cerner Corp (NAS:CERN)
Days Sales Outstanding
77.25 (As of Dec. 2015)

Cerner Corp's account receivable for the three months ended in Dec. 2015 was $995 Mil. Cerner Corp's revenue for the three months ended in Dec. 2015 was $1,175 Mil. Hence, Cerner Corp's days sales outstanding for the three months ended in Dec. 2015 was 77.25.

CERN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.04   Max: 102.12
Current: 82.06

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
61% of the 1461 Companies
in the Global Health Information Services industry.

( Industry Median: 70.19 vs. CERN: 82.06 )

Cerner Corp's days sales outstanding increased from Dec. 2014 (60.66) to Dec. 2015 (77.25).


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 Dec. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=994.95/1175.294*365 / 4
=77.25

* 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

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysSalesOutstanding 62.0262.7661.1461.7862.9660.6681.9177.6781.8977.25
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