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Daktronics Inc's account receivable for the three months ended in Oct. 2014 was $95.3 Mil. Daktronics Inc's revenue for the three months ended in Oct. 2014 was $173.1 Mil. Hence, Daktronics Inc's days sales outstanding for the three months ended in Oct. 2014 was 50.21.
Daktronics Inc's days sales outstanding increased from Oct. 2013 (37.77) to Oct. 2014 (50.21).
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.
Daktronics Inc's Days Sales Outstanding for the fiscal year that ended in Apr. 2014 is calculated as
Daktronics Inc's Days Sales Outstanding for the quarter that ended in Oct. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Daktronics Inc Annual Data
Daktronics Inc Quarterly Data