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ECB Bancorp Inc (AMEX:ECBE)
Days Sales Outstanding
36.37 (As of Sep. 2012)

ECB Bancorp Inc's account receivable for the three months ended in Sep. 2012 was $4.93 Mil. ECB Bancorp Inc's revenue for the three months ended in Sep. 2012 was $12.33 Mil. Hence, ECB Bancorp Inc's days sales outstanding for the three months ended in Sep. 2012 was 36.37.

ECB Bancorp Inc's days sales outstanding declined from Sep. 2011 (49.23) to Sep. 2012 (36.37).


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.

ECB Bancorp Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2011 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=5.308/35.771*365
=54.16

ECB Bancorp Inc's Days Sales Outstanding for the quarter that ended in Sep. 2012 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=4.928/12.329*91
=36.37

* 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.

ECB Bancorp Inc Annual Data

Dec02Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11
DaysSalesOutstanding 45.7846.2646.5751.6462.7260.8462.8551.2247.9554.16

ECB Bancorp Inc Quarterly Data

Jun10Sep10Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12
DaysSalesOutstanding 47.5243.7145.1253.3642.7949.2354.9154.8651.5536.37
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