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Empire District Electric Co (NYSE:EDE)
Days Sales Outstanding
138.85 (As of Sep. 2016)

Empire District Electric Co's account receivable for the six months ended in Sep. 2016 was $66.7 Mil. Empire District Electric Co's revenue for the six months ended in Sep. 2016 was $175.4 Mil. Hence, Empire District Electric Co's days sales outstanding for the six months ended in Sep. 2016 was 69.43.

EDE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.43   Max: 45.06
Current: 40.4

25.43
45.06

During the past 13 years, Empire District Electric Co's highest Days Sales Outstanding was 45.06. The lowest was 25.43. And the median was 40.55.

EDE's Days Sales Outstanding is ranked higher than
61% of the 447 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 47.52 vs. EDE: 40.40 )

Empire District Electric Co's days sales outstanding declined from Mar. 2016 (158.34) to Sep. 2016 (138.85).


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.

Empire District Electric Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=68.482/605.573*365
=41.28

Empire District Electric Co's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=66.708/175.354*365 / 2
=69.43

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Empire District Electric Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 44.5239.8241.4542.2545.0637.0634.1738.8425.4341.28

Empire District Electric Co Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 158.55146.00109.58117.02116.83110.20182.77158.34152.25138.85
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