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DTE Energy Holding Co's account receivable for the three months ended in Jun. 2015 was $1,251 Mil. DTE Energy Holding Co's revenue for the three months ended in Jun. 2015 was $2,268 Mil. Hence, DTE Energy Holding Co's days sales outstanding for the three months ended in Jun. 2015 was 50.33.
DTE Energy Holding Co's days sales outstanding increased from Jun. 2014 (47.35) to Jun. 2015 (50.33).
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.
DTE Energy Holding Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
DTE Energy Holding Co's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
DTE Energy Holding Co Annual Data
DTE Energy Holding Co Quarterly Data