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CSS Industries Inc's account receivable for the three months ended in Dec. 2015 was $79.0 Mil. CSS Industries Inc's revenue for the three months ended in Dec. 2015 was $104.6 Mil. Hence, CSS Industries Inc's days sales outstanding for the three months ended in Dec. 2015 was 68.92.
During the past 13 years, CSS Industries Inc's highest Days Sales Outstanding was 50.39. The lowest was 24.71. And the median was 38.87.
CSS Industries Inc's days sales outstanding declined from Dec. 2014 (73.62) to Dec. 2015 (68.92).
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.
CSS Industries Inc's Days Sales Outstanding for the fiscal year that ended in Mar. 2015 is calculated as
CSS Industries Inc's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
CSS Industries Inc Annual Data
CSS Industries Inc Quarterly Data