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Gannett Co Inc's account receivable for the three months ended in Jun. 2016 was $302 Mil. Gannett Co Inc's revenue for the three months ended in Jun. 2016 was $749 Mil. Hence, Gannett Co Inc's days sales outstanding for the three months ended in Jun. 2016 was 36.86.
During the past 4 years, Gannett Co Inc's highest Days Sales Outstanding was 42.76. The lowest was 38.76. And the median was 41.81.
Gannett Co Inc's days sales outstanding declined from Jun. 2015 (39.08) to Jun. 2016 (36.86).
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.
Gannett Co Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Gannett Co Inc's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Gannett Co Inc Annual Data
Gannett Co Inc Quarterly Data