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Forest City Enterprises Inc (NYSE:FCE.A)
Days Sales Outstanding
168.57 (As of Mar. 2014)

Forest City Enterprises Inc's account receivable for the three months ended in Mar. 2014 was $465 Mil. Forest City Enterprises Inc's revenue for the three months ended in Mar. 2014 was $251 Mil. Hence, Forest City Enterprises Inc's days sales outstanding for the three months ended in Mar. 2014 was 168.57.

Forest City Enterprises Inc's days sales outstanding increased from Mar. 2013 (0.00) to Mar. 2014 (168.57).


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.

Forest City Enterprises Inc's Days Sales Outstanding for the fiscal year that ended in Jan. 2013 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=426.2/1070.972*365
=145.25

Forest City Enterprises Inc's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=465.296/251.187*91
=168.57

* 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.

Forest City Enterprises Inc Annual Data

Jan04Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13
DaysSalesOutstanding 0.000.000.0093.45118.91121.82115.11136.43141.00145.25

Forest City Enterprises Inc Quarterly Data

Jan12Apr12Jul12Oct12Jan13Mar13Apr13Jul13Oct13Mar14
DaysSalesOutstanding 143.61119.09150.54136.18138.860.00135.34138.15158.45168.57
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