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Forest Laboratories Inc (NYSE:FRX)
Days Sales Outstanding
48.19 (As of Mar. 2014)

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 48.19.

Forest Laboratories Inc's days sales outstanding declined from Mar. 2013 (53.60) to Mar. 2014 (48.19).

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.

Forest Laboratories Inc's Days Sales Outstanding for the fiscal year that ended in Mar. 2014 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 576.854 / 3646.899 * 365 = 57.73

Forest Laboratories Inc's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 576.854 / 1092.278 * 365 / 4 = 48.19

* 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

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Forest Laboratories Inc Annual Data

 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 DaysSalesOutstanding 37.33 45.16 40.58 42.43 41.82 41.41 44.22 37.55 56.39 57.73

Forest Laboratories Inc Quarterly Data

 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 DaysSalesOutstanding 46.16 40.78 46.45 50.35 50.69 53.60 54.12 46.02 38.42 48.19
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