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Flex Ltd (NAS:FLEX)
Days Sales Outstanding
35.56 (As of Sep. 2016)

Flex Ltd's account receivable for the three months ended in Sep. 2016 was $2,341 Mil. Flex Ltd's revenue for the three months ended in Sep. 2016 was $6,009 Mil. Hence, Flex Ltd's days sales outstanding for the three months ended in Sep. 2016 was 35.56.

FLEX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.33   Max: 47.03
Current: 34.99

27.33
47.03

During the past 13 years, Flex Ltd's highest Days Sales Outstanding was 47.03. The lowest was 27.33. And the median was 33.23.

FLEX's Days Sales Outstanding is ranked higher than
88% of the 1855 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 75.22 vs. FLEX: 34.99 )

Flex Ltd's days sales outstanding declined from Sep. 2015 (36.79) to Sep. 2016 (35.56).


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.

Flex Ltd's Days Sales Outstanding for the fiscal year that ended in Mar. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=2044.757/24418.885*365
=30.56

Flex Ltd's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=2341.393/6008.525*365 / 4
=35.56

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Flex Ltd Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysSalesOutstanding 33.9747.0327.3336.9233.7532.2632.7137.7232.6330.56

Flex Ltd Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 39.7635.3231.8235.8435.0436.7934.8832.3231.9535.56
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