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Finisar Corp's account receivable for the three months ended in Apr. 2016 was $294 Mil. Finisar Corp's revenue for the three months ended in Apr. 2016 was $319 Mil. Hence, Finisar Corp's days sales outstanding for the three months ended in Apr. 2016 was 84.11.
During the past 13 years, Finisar Corp's highest Days Sales Outstanding was 84.90. The lowest was 50.09. And the median was 71.01.
Finisar Corp's days sales outstanding increased from Apr. 2015 (72.39) to Apr. 2016 (84.11).
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.
Finisar Corp's Days Sales Outstanding for the fiscal year that ended in Apr. 2016 is calculated as
Finisar Corp's Days Sales Outstanding for the quarter that ended in Apr. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Finisar Corp Annual Data
Finisar Corp Quarterly Data