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TechnipFMC PLC (NYSE:FTI)
Days Sales Outstanding
65.54 (As of Mar. 2017)

TechnipFMC PLC's account receivable for the three months ended in Mar. 2017 was \$2,602.46 Mil. TechnipFMC PLC's revenue for the three months ended in Mar. 2017 was \$3,623.53 Mil. Hence, TechnipFMC PLC's days sales outstanding for the three months ended in Mar. 2017 was 65.54.

During the past 13 years, TechnipFMC PLC's highest Days Sales Outstanding was 99.68. The lowest was 0.00. And the median was 62.32.

TechnipFMC PLC's days sales outstanding increased from Mar. 2016 (0.00) to Mar. 2017 (65.54).

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.

TechnipFMC PLC's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 0 / 0 * 365 =

TechnipFMC PLC's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 2602.45989305 / 3623.52941176 * 365 / 4 = 65.54

* 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

Historical Data

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

TechnipFMC PLC Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 DaysSalesOutstanding 57.47 54.81 76.68 99.68 67.71 55.93 72.87 62.32 58.90 0.00

TechnipFMC PLC Quarterly Data

 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 DaysSalesOutstanding 72.48 0.00 0.00 0.00 122.04 0.00 0.00 0.00 0.00 65.54
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