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Citrix Systems Inc's account receivable for the three months ended in Jun. 2016 was $504 Mil. Citrix Systems Inc's revenue for the three months ended in Jun. 2016 was $843 Mil. Hence, Citrix Systems Inc's days sales outstanding for the three months ended in Jun. 2016 was 54.60.
During the past 13 years, Citrix Systems Inc's highest Days Sales Outstanding was 89.05. The lowest was 53.32. And the median was 74.13.
Citrix Systems Inc's days sales outstanding declined from Jun. 2015 (57.38) to Jun. 2016 (54.60).
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.
Citrix Systems Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Citrix Systems Inc's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Citrix Systems Inc Annual Data
Citrix Systems Inc Quarterly Data