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CenterPoint Energy Inc's account receivable for the three months ended in Jun. 2015 was $640 Mil. CenterPoint Energy Inc's revenue for the three months ended in Jun. 2015 was $1,532 Mil. Hence, CenterPoint Energy Inc's days sales outstanding for the three months ended in Jun. 2015 was 38.12.
CenterPoint Energy Inc's days sales outstanding declined from Jun. 2014 (40.39) to Jun. 2015 (38.12).
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.
CenterPoint Energy Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
CenterPoint Energy Inc's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
CenterPoint Energy Inc Annual Data
CenterPoint Energy Inc Quarterly Data