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Cliffs Natural Resources Inc (NYSE:CLF)
Days Sales Outstanding
8.21 (As of Sep. 2015)

Cliffs Natural Resources Inc's account receivable for the three months ended in Sep. 2015 was $53 Mil. Cliffs Natural Resources Inc's revenue for the three months ended in Sep. 2015 was $593 Mil. Hence, Cliffs Natural Resources Inc's days sales outstanding for the three months ended in Sep. 2015 was 8.21.

CLF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.38   Max: 27.99
Current: 7.29

5.38
27.99

During the past 13 years, Cliffs Natural Resources Inc's highest Days Sales Outstanding was 27.99. The lowest was 5.38. And the median was 16.07.

CLF's Days Sales Outstanding is ranked higher than
81% of the 577 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 34.07 vs. CLF: 7.29 )

Cliffs Natural Resources Inc's days sales outstanding declined from Sep. 2014 (15.48) to Sep. 2015 (8.21).


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. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=205.6/4623.7*365
=16.23

Cliffs Natural Resources Inc's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=53.4/593.2*365 / 4
=8.21

* 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.

Cliffs Natural Resources Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 5.3813.626.9316.1327.9916.0120.4517.3216.237.29

Cliffs Natural Resources Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysSalesOutstanding 17.2116.2519.3624.2015.488.2317.829.018.217.71
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