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Clearfield Inc (NAS:CLFD)
Days Sales Outstanding
29.20 (As of Dec. 2015)

Clearfield Inc's account receivable for the three months ended in Dec. 2015 was $5.02 Mil. Clearfield Inc's revenue for the three months ended in Dec. 2015 was $15.69 Mil. Hence, Clearfield Inc's days sales outstanding for the three months ended in Dec. 2015 was 29.20.

CLFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.44   Max: 53.62
Current: 42.99

29.44
53.62

During the past 13 years, Clearfield Inc's highest Days Sales Outstanding was 53.62. The lowest was 29.44. And the median was 37.86.

CLFD's Days Sales Outstanding is ranked higher than
89% of the 469 Companies
in the Global Communication Equipment industry.

( Industry Median: 72.66 vs. CLFD: 42.99 )

Clearfield Inc's days sales outstanding declined from Dec. 2014 (30.37) to Dec. 2015 (29.20).


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.

Clearfield Inc's Days Sales Outstanding for the fiscal year that ended in Sep. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=6.011/60.324*365
=36.37

Clearfield Inc's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=5.02/15.69*365 / 4
=29.20

* 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.

Clearfield Inc Annual Data

Mar06Mar07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysSalesOutstanding 43.9433.3939.3539.8448.5933.4929.4453.6231.6236.37

Clearfield Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysSalesOutstanding 12.9123.6930.3132.0430.3735.0837.0434.7829.2042.29
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