ELRC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Electro Rent Corp's account receivable for the three months ended in Feb. 2014 was $33.8 Mil. Electro Rent Corp's revenue for the three months ended in Feb. 2014 was $62.0 Mil. Hence, Electro Rent Corp's days sales outstanding for the three months ended in Feb. 2014 was 49.64.
Electro Rent Corp's days sales outstanding declined from Feb. 2013 (56.03) to Feb. 2014 (49.64).
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.
Electro Rent Corp's Days Sales Outstanding for the fiscal year that ended in May. 2013 is calculated as
Electro Rent Corp's Days Sales Outstanding for the quarter that ended in Feb. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Electro Rent Corp Annual Data
Electro Rent Corp Quarterly Data