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Denbury Resources Inc's account receivable for the three months ended in Sep. 2015 was $159 Mil. Denbury Resources Inc's revenue for the three months ended in Sep. 2015 was $304 Mil. Hence, Denbury Resources Inc's days sales outstanding for the three months ended in Sep. 2015 was 47.87.
Denbury Resources Inc's days sales outstanding declined from Sep. 2014 (49.64) to Sep. 2015 (47.87).
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.
Denbury Resources Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Denbury Resources Inc's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Denbury Resources Inc Annual Data
Denbury Resources Inc Quarterly Data