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Amdocs Ltd's account receivable for the three months ended in Jun. 2016 was $626 Mil. Amdocs Ltd's revenue for the three months ended in Jun. 2016 was $930 Mil. Hence, Amdocs Ltd's days sales outstanding for the three months ended in Jun. 2016 was 61.43.
During the past 13 years, Amdocs Ltd's highest Days Sales Outstanding was 73.32. The lowest was 58.01. And the median was 63.83.
Amdocs Ltd's days sales outstanding declined from Jun. 2015 (74.37) to Jun. 2016 (61.43).
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.
Amdocs Ltd's Days Sales Outstanding for the fiscal year that ended in Sep. 2015 is calculated as
Amdocs Ltd's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Amdocs Ltd Annual Data
Amdocs Ltd Quarterly Data