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Freeport-McMoRan Inc's account receivable for the three months ended in Jun. 2015 was $2,272 Mil. Freeport-McMoRan Inc's revenue for the three months ended in Jun. 2015 was $4,248 Mil. Hence, Freeport-McMoRan Inc's days sales outstanding for the three months ended in Jun. 2015 was 48.80.
Freeport-McMoRan Inc's days sales outstanding increased from Jun. 2014 (45.58) to Jun. 2015 (48.80).
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.
Freeport-McMoRan Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Freeport-McMoRan Inc's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Freeport-McMoRan Inc Annual Data
Freeport-McMoRan Inc Quarterly Data