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Education Management Corp's account receivable for the six months ended in Jun. 2014 was $210 Mil. Education Management Corp's revenue for the six months ended in Jun. 2014 was $2,273 Mil. Hence, Education Management Corp's days sales outstanding for the six months ended in Jun. 2014 was 16.88.
Education Management Corp's days sales outstanding increased from Jun. 2012 (26.88) to Jun. 2014 (33.76).
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
Education Management Corp's Days Sales Outstanding for the quarter that ended in Jun. 2014 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.
Education Management Corp Annual Data
Education Management Corp Semi-Annual Data