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Fortress Investment Group LLC (NYSE:FIG)
Days Sales Outstanding
70.13 (As of Jun. 2016)

Fortress Investment Group LLC's account receivable for the three months ended in Jun. 2016 was $179 Mil. Fortress Investment Group LLC's revenue for the three months ended in Jun. 2016 was $233 Mil. Hence, Fortress Investment Group LLC's days sales outstanding for the three months ended in Jun. 2016 was 70.13.

FIG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.2   Max: 152.53
Current: 57.11

19.2
152.53

During the past 13 years, Fortress Investment Group LLC's highest Days Sales Outstanding was 152.53. The lowest was 19.20. And the median was 102.23.

FIG's Days Sales Outstanding is ranked lower than
60% of the 469 Companies
in the Global Asset Management industry.

( Industry Median: 44.03 vs. FIG: 57.11 )

Fortress Investment Group LLC's days sales outstanding increased from Jun. 2015 (55.63) to Jun. 2016 (70.13).


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.

Fortress Investment Group LLC's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=273.811/1213.856*365
=82.33

Fortress Investment Group LLC's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=178.837/232.706*365 / 4
=70.13

* 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.

Fortress Investment Group LLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 152.5358.6719.2052.23116.40126.97105.58117.4798.8782.33

Fortress Investment Group LLC Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 55.2613.9415.3265.5067.7055.6367.6160.2585.3570.13
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