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DeVry Education Group Inc's account receivable for the three months ended in Sep. 2014 was $170 Mil. DeVry Education Group Inc's revenue for the three months ended in Sep. 2014 was $462 Mil. Hence, DeVry Education Group Inc's days sales outstanding for the three months ended in Sep. 2014 was 33.63.
DeVry Education Group Inc's days sales outstanding declined from Sep. 2013 (37.13) to Sep. 2014 (33.63).
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.
DeVry Education Group Inc's Days Sales Outstanding for the fiscal year that ended in Jun. 2014 is calculated as
DeVry Education Group Inc's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
DeVry Education Group Inc Annual Data
DeVry Education Group Inc Quarterly Data