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Daktronics Inc's account receivable for the three months ended in Apr. 2016 was $77.6 Mil. Daktronics Inc's revenue for the three months ended in Apr. 2016 was $138.5 Mil. Hence, Daktronics Inc's days sales outstanding for the three months ended in Apr. 2016 was 51.11.
During the past 13 years, Daktronics Inc's highest Days Sales Outstanding was 66.57. The lowest was 38.52. And the median was 49.78.
Daktronics Inc's days sales outstanding increased from Apr. 2015 (46.67) to Apr. 2016 (51.11).
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. 2016 is calculated as
Daktronics Inc's Days Sales Outstanding for the quarter that ended in Apr. 2016 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