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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

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.

TechnipFMC PLC Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 57.4754.8176.6899.6867.7155.9372.8762.3258.900.00

TechnipFMC PLC Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysSalesOutstanding 72.480.000.000.00122.040.000.000.000.0065.54
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