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Empire District Electric Co's account receivable for the three months ended in Sep. 2015 was $51.2 Mil. Empire District Electric Co's revenue for the three months ended in Sep. 2015 was $169.7 Mil. Hence, Empire District Electric Co's days sales outstanding for the three months ended in Sep. 2015 was 27.55.
Empire District Electric Co's days sales outstanding declined from Sep. 2014 (36.50) to Sep. 2015 (27.55).
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. 2014 is calculated as
Empire District Electric Co's Days Sales Outstanding for the quarter that ended in Sep. 2015 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.
Empire District Electric Co Annual Data
Empire District Electric Co Quarterly Data