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Concur Technologies Inc (NAS:CNQR)
Days Sales Outstanding
65.85 (As of Sep. 2014)

Concur Technologies Inc's account receivable for the three months ended in Sep. 2014 was \$138.3 Mil. Concur Technologies Inc's revenue for the three months ended in Sep. 2014 was \$191.6 Mil. Hence, Concur Technologies Inc's days sales outstanding for the three months ended in Sep. 2014 was 65.85.

Concur Technologies Inc's days sales outstanding increased from Sep. 2013 (61.98) to Sep. 2014 (65.85).

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.

Concur Technologies Inc's Days Sales Outstanding for the fiscal year that ended in Sep. 2014 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 138.28 / 702.588 * 365 = 71.84

Concur Technologies Inc's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 138.28 / 191.623 * 365 / 4 = 65.85

* 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

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Concur Technologies Inc Annual Data

 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 DaysSalesOutstanding 62.88 85.42 88.94 65.18 68.75 65.22 69.94 71.86 71.28 71.84

Concur Technologies Inc Quarterly Data

 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 DaysSalesOutstanding 68.38 67.03 62.81 67.40 68.05 61.98 62.00 63.24 64.87 65.85
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