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CytRx Corp's days sales outstanding stayed the same from Jun. 2014 (0.00) to Jun. 2015 (0.00).
If a company sales outstanding increases, it means it has difficulty collecting payment from its customers.
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.
CytRx Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
CytRx Corp's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
CytRx Corp Annual Data
CytRx Corp Quarterly Data