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Cliffs Natural Resources Inc (NYSE:CLF)
Days Sales Outstanding
11.31 (As of Jun. 2016)

Cliffs Natural Resources Inc's account receivable for the three months ended in Jun. 2016 was $62 Mil. Cliffs Natural Resources Inc's revenue for the three months ended in Jun. 2016 was $496 Mil. Hence, Cliffs Natural Resources Inc's days sales outstanding for the three months ended in Jun. 2016 was 11.31.

CLF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.38   Max: 29.23
Current: 12

5.38
29.23

During the past 13 years, Cliffs Natural Resources Inc's highest Days Sales Outstanding was 29.23. The lowest was 5.38. And the median was 14.82.

CLF's Days Sales Outstanding is ranked higher than
71% of the 602 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 33.26 vs. CLF: 12.00 )

Cliffs Natural Resources Inc's days sales outstanding increased from Jun. 2015 (9.01) to Jun. 2016 (11.31).


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. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=40.2/2013.3*365
=7.29

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=61.5/496.2*365 / 4
=11.31

* 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 5.3813.626.9316.1329.2316.0120.4525.3313.287.29

Cliffs Natural Resources Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 19.3624.2015.4810.8717.829.018.217.7112.5211.31
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