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Ellie Mae Inc's account receivable for the three months ended in Dec. 2015 was $28.6 Mil. Ellie Mae Inc's revenue for the three months ended in Dec. 2015 was $64.9 Mil. Hence, Ellie Mae Inc's days sales outstanding for the three months ended in Dec. 2015 was 40.19.
During the past 8 years, Ellie Mae Inc's highest Days Sales Outstanding was 46.10. The lowest was 26.33. And the median was 35.39.
Ellie Mae Inc's days sales outstanding increased from Dec. 2014 (39.97) to Dec. 2015 (40.19).
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.
Ellie Mae Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Ellie Mae Inc's Days Sales Outstanding for the quarter that ended in Dec. 2015 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.
Ellie Mae Inc Annual Data
Ellie Mae Inc Quarterly Data