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Consolidated Edison Inc's account receivable for the three months ended in Mar. 2016 was $1,085 Mil. Consolidated Edison Inc's revenue for the three months ended in Mar. 2016 was $3,156 Mil. Hence, Consolidated Edison Inc's days sales outstanding for the three months ended in Mar. 2016 was 31.37.
During the past 13 years, Consolidated Edison Inc's highest Days Sales Outstanding was 36.96. The lowest was 24.81. And the median was 31.14.
Consolidated Edison Inc's days sales outstanding declined from Mar. 2015 (36.44) to Mar. 2016 (31.37).
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.
Consolidated Edison Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Consolidated Edison Inc's Days Sales Outstanding for the quarter that ended in Mar. 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.
Consolidated Edison Inc Annual Data
Consolidated Edison Inc Quarterly Data