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Majesco Entertainment Co's account receivable for the three months ended in Jan. 2015 was $0.82 Mil. Majesco Entertainment Co's revenue for the three months ended in Jan. 2015 was $3.47 Mil. Hence, Majesco Entertainment Co's days sales outstanding for the three months ended in Jan. 2015 was 21.45.
Majesco Entertainment Co's days sales outstanding increased from Jan. 2014 (3.14) to Jan. 2015 (21.45).
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.
Majesco Entertainment Co's Days Sales Outstanding for the fiscal year that ended in Oct. 2014 is calculated as
Majesco Entertainment Co's Days Sales Outstanding for the quarter that ended in Jan. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Majesco Entertainment Co Annual Data
Majesco Entertainment Co Quarterly Data