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GuruFocus has detected 3 Warning Signs with Cliffs Natural Resources Inc $CLF.
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Cliffs Natural Resources Inc (NYSE:CLF)
Days Sales Outstanding
15.58 (As of Dec. 2016)

Cliffs Natural Resources Inc's account receivable for the three months ended in Dec. 2016 was $129 Mil. Cliffs Natural Resources Inc's revenue for the three months ended in Dec. 2016 was $754 Mil. Hence, Cliffs Natural Resources Inc's days sales outstanding for the three months ended in Dec. 2016 was 15.58.

CLF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.93   Max: 29.23
Current: 22.27

6.93
29.23

During the past 13 years, Cliffs Natural Resources Inc's highest Days Sales Outstanding was 29.23. The lowest was 6.93. And the median was 16.07.

CLF's Days Sales Outstanding is ranked higher than
64% of the 600 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 36.83 vs. CLF: 22.27 )

Cliffs Natural Resources Inc's days sales outstanding increased from Dec. 2015 (7.71) to Dec. 2016 (15.58).


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.

Cliffs Natural Resources Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=128.7/2109*365
=22.27

Cliffs Natural Resources Inc's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=128.7/754*365 / 4
=15.58

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Cliffs Natural Resources Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 13.626.9316.1329.2316.0120.4525.3313.287.2922.27

Cliffs Natural Resources Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 15.4810.8717.829.018.217.7112.5211.318.1115.58
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