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Education Management Corp (NAS:EDMC)
Days Sales Outstanding
33.64 (As of Mar. 2014)

Education Management Corp's account receivable for the three months ended in Mar. 2014 was $220 Mil. Education Management Corp's revenue for the three months ended in Mar. 2014 was $595 Mil. Hence, Education Management Corp's days sales outstanding for the three months ended in Mar. 2014 was 33.64.

Education Management Corp's days sales outstanding increased from Mar. 2013 (25.72) to Mar. 2014 (33.64).


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.

Education Management Corp's Days Sales Outstanding for the fiscal year that ended in Jun. 2013 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=238.953/2498.599*365
=34.91

Education Management Corp's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=220.023/595.202*91
=33.64

* 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.

Education Management Corp Annual Data

Jun04Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
DaysSalesOutstanding 22.3320.7618.1621.0821.2324.6727.4321.8629.8134.91

Education Management Corp Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
DaysSalesOutstanding 21.1320.7732.1139.6624.0125.7236.5363.4630.8733.64
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