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Amcon Distributing Co (AMEX:DIT)
Days Sales Outstanding
8.38 (As of Jun. 2014)

Amcon Distributing Co's account receivable for the three months ended in Jun. 2014 was $30 Mil. Amcon Distributing Co's revenue for the three months ended in Jun. 2014 was $323 Mil. Hence, Amcon Distributing Co's days sales outstanding for the three months ended in Jun. 2014 was 8.38.

Amcon Distributing Co's days sales outstanding declined from Jun. 2013 (10.21) to Jun. 2014 (8.38).


Definition

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.

Amcon Distributing Co's Days Sales Outstanding for the fiscal year that ended in Sep. 2013 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=28.383/1211.053*365
=8.55

Amcon Distributing Co's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=29.699/322.648*91
=8.38

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Amcon Distributing Co Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
DaysSalesOutstanding 13.1112.3612.0911.9111.5411.4110.0811.5510.168.55

Amcon Distributing Co Quarterly Data

Jun12Sep12Dec12Mar13May13Jun13Sep13Dec13Mar14Jun14
DaysSalesOutstanding 10.089.679.7410.260.0010.218.129.568.988.38
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