Switch to:
GuruFocus has detected 7 Warning Signs with Cowen Group Inc $COWN.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Cowen Group Inc (NAS:COWN)
Days Sales Outstanding
147.13 (As of Dec. 2016)

Cowen Group Inc's account receivable for the three months ended in Dec. 2016 was $197.1 Mil. Cowen Group Inc's revenue for the three months ended in Dec. 2016 was $122.3 Mil. Hence, Cowen Group Inc's days sales outstanding for the three months ended in Dec. 2016 was 147.13.

COWN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.09   Max: 224.79
Current: 152.59

30.09
224.79

During the past 13 years, Cowen Group Inc's highest Days Sales Outstanding was 224.79. The lowest was 30.09. And the median was 166.74.

COWN's Days Sales Outstanding is ranked lower than
71% of the 374 Companies
in the Global Capital Markets industry.

( Industry Median: 49.99 vs. COWN: 152.59 )

Cowen Group Inc's days sales outstanding declined from Dec. 2015 (190.94) to Dec. 2016 (147.13).


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.

Cowen Group Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=197.143/471.565*365
=152.59

Cowen Group Inc's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=197.143/122.268*365 / 4
=147.13

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Cowen Group Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 68.0630.09205.72224.79156.53192.81154.99176.94181.84152.59

Cowen Group Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 174.15156.26193.28189.79191.10190.94220.32173.43131.73147.13
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK