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

Forest City Enterprises Inc's account receivable for the three months ended in Sep. 2014 was $443 Mil. Forest City Enterprises Inc's revenue for the three months ended in Sep. 2014 was $235 Mil. Hence, Forest City Enterprises Inc's days sales outstanding for the three months ended in Sep. 2014 was 172.06.

Forest City Enterprises Inc's days sales outstanding increased from Jul. 2013 (138.53) to Sep. 2014 (172.06).

Warning Sign:

If a company sales outstanding increases, it means it has difficulty collecting payment from its customers.


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 Sep. 2014 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=442.624/234.743*365 / 4
=172.06

* 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 0.000.000.0093.45118.91121.82115.11136.4392.15145.25

Forest City Enterprises Inc Quarterly Data

Jul12Oct12Jan13Mar13Apr13Jul13Oct13Mar14Jun14Sep14
DaysSalesOutstanding 150.96136.56139.240.00135.71138.53158.89169.03201.69172.06
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