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During the past 13 years, Empire District Electric Co's highest Days Sales Outstanding was 48.51. The lowest was 34.17. And the median was 41.45.
Empire District Electric Co's days sales outstanding declined from Dec. 2014 (52.27) to Dec. 2015 (0.00).
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.
Empire District Electric Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Empire District Electric Co's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Empire District Electric Co Annual Data
Empire District Electric Co Quarterly Data