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Forest Laboratories Inc's account receivable for the three months ended in Mar. 2014 was $577 Mil. Forest Laboratories Inc's revenue for the three months ended in Mar. 2014 was $1,092 Mil. Hence, Forest Laboratories Inc's days sales outstanding for the three months ended in Mar. 2014 was 48.06.
Forest Laboratories Inc's days sales outstanding declined from Mar. 2013 (53.45) to Mar. 2014 (48.06).
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 Laboratories Inc's Days Sales Outstanding for the fiscal year that ended in Mar. 2014 is calculated as
Forest Laboratories Inc's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Forest Laboratories Inc Annual Data
Forest Laboratories Inc Quarterly Data