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DeVry Education Group Inc (NYSE:DV)
Days Sales Outstanding
32.72 (As of Mar. 2016)

DeVry Education Group Inc's account receivable for the three months ended in Mar. 2016 was $170 Mil. DeVry Education Group Inc's revenue for the three months ended in Mar. 2016 was $474 Mil. Hence, DeVry Education Group Inc's days sales outstanding for the three months ended in Mar. 2016 was 32.72.

DV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.25   Max: 26.59
Current: 33.64

16.25
26.59

During the past 13 years, DeVry Education Group Inc's highest Days Sales Outstanding was 26.59. The lowest was 16.25. And the median was 21.44.

DV's Days Sales Outstanding is ranked lower than
52% of the 119 Companies
in the Global Education & Training Services industry.

( Industry Median: 31.55 vs. DV: 33.64 )

DeVry Education Group Inc's days sales outstanding increased from Mar. 2015 (27.87) to Mar. 2016 (32.72).


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.

DeVry Education Group Inc's Days Sales Outstanding for the fiscal year that ended in Jun. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=139.163/1909.943*365
=26.59

DeVry Education Group Inc's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=170.035/474.221*365 / 4
=32.72

* 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.

DeVry Education Group Inc Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysSalesOutstanding 20.1616.8518.4626.0822.7219.1816.2525.9725.1726.59

DeVry Education Group Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysSalesOutstanding 21.8829.6524.9533.6316.8127.8726.8438.4424.3732.72
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