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Dover Corp (NYSE:DOV)
Days Sales Outstanding
65.66 (As of Mar. 2016)

Dover Corp's account receivable for the three months ended in Mar. 2016 was $1,167 Mil. Dover Corp's revenue for the three months ended in Mar. 2016 was $1,622 Mil. Hence, Dover Corp's days sales outstanding for the three months ended in Mar. 2016 was 65.66.

DOV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.86   Max: 58.31
Current: 62.08

48.86
58.31

During the past 13 years, Dover Corp's highest Days Sales Outstanding was 58.31. The lowest was 48.86. And the median was 55.60.

DOV's Days Sales Outstanding is ranked higher than
65% of the 1361 Companies
in the Global Diversified Industrials industry.

( Industry Median: 77.64 vs. DOV: 62.08 )

Dover Corp's days sales outstanding increased from Mar. 2015 (60.28) to Mar. 2016 (65.66).


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.

Dover Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1186.746/7752.728*365
=55.87

Dover Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1167.313/1622.273*365 / 4
=65.66

* 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.

Dover Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 58.3155.7748.8655.5355.6654.6555.2156.8355.8758.79

Dover Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysSalesOutstanding 56.1459.9658.0858.3762.6760.2859.6460.9460.3465.66
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