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Educational Development Corp (NAS:EDUC)
Days Sales Outstanding
14.04 (As of Nov. 2015)

Educational Development Corp's account receivable for the three months ended in Nov. 2015 was $3.76 Mil. Educational Development Corp's revenue for the three months ended in Nov. 2015 was $24.42 Mil. Hence, Educational Development Corp's days sales outstanding for the three months ended in Nov. 2015 was 14.04.

EDUC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31   Max: 49.67
Current: 25.26

31
49.67

During the past 13 years, Educational Development Corp's highest Days Sales Outstanding was 49.67. The lowest was 31.00. And the median was 40.80.

EDUC's Days Sales Outstanding is ranked higher than
93% of the 136 Companies
in the Global Publishing industry.

( Industry Median: 69.66 vs. EDUC: 25.26 )

Educational Development Corp's days sales outstanding declined from Nov. 2014 (38.45) to Nov. 2015 (14.04).


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.

Educational Development Corp's Days Sales Outstanding for the fiscal year that ended in Feb. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3.077/32.548*365
=34.51

Educational Development Corp's Days Sales Outstanding for the quarter that ended in Nov. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3.758/24.424*365 / 4
=14.04

* 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.

Educational Development Corp Annual Data

Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15
DaysSalesOutstanding 31.0033.1131.2440.3942.0941.2149.6748.9641.9734.51

Educational Development Corp Quarterly Data

Aug13Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15
DaysSalesOutstanding 59.9649.9846.5044.6857.1538.4536.8228.9530.1414.04
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