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Cummins Inc's account receivable for the three months ended in Mar. 2016 was $2,736 Mil. Cummins Inc's revenue for the three months ended in Mar. 2016 was $4,291 Mil. Hence, Cummins Inc's days sales outstanding for the three months ended in Mar. 2016 was 58.18.
During the past 13 years, Cummins Inc's highest Days Sales Outstanding was 61.90. The lowest was 39.47. And the median was 54.13.
Cummins Inc's days sales outstanding declined from Mar. 2015 (62.78) to Mar. 2016 (58.18).
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.
Cummins Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Cummins Inc's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Cummins Inc Annual Data
Cummins Inc Quarterly Data