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Education Management Corp (OTCPK:EDMC)
Days Sales Outstanding
38.09 (As of Jun. 2014)

Education Management Corp's account receivable for the three months ended in Jun. 2014 was \$210 Mil. Education Management Corp's revenue for the three months ended in Jun. 2014 was \$503 Mil. Hence, Education Management Corp's days sales outstanding for the three months ended in Jun. 2014 was 38.09.

Education Management Corp's days sales outstanding increased from Jun. 2013 (31.64) to Jun. 2014 (38.09).

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. 2014 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 210.182 / 2272.736 * 365 = 33.76

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

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 210.182 / 503.481 * 365 / 4 = 38.09

* 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

Historical Data

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

Education Management Corp Annual Data

 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 DaysSalesOutstanding 17.72 15.72 18.72 18.76 22.19 24.42 19.95 26.88 30.15 33.76

Education Management Corp Quarterly Data

 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 DaysSalesOutstanding 18.13 29.03 35.15 21.78 21.86 31.64 53.59 25.17 27.11 38.09
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