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Chevron Corp's account receivable for the three months ended in Mar. 2016 was $12,459 Mil. Chevron Corp's revenue for the three months ended in Mar. 2016 was $23,553 Mil. Hence, Chevron Corp's days sales outstanding for the three months ended in Mar. 2016 was 48.27.
During the past 13 years, Chevron Corp's highest Days Sales Outstanding was 37.65. The lowest was 21.20. And the median was 32.79.
Chevron Corp's days sales outstanding increased from Mar. 2015 (40.24) to Mar. 2016 (48.27).
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.
Chevron Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Chevron Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Chevron Corp Annual Data
Chevron Corp Quarterly Data