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Golar LNG Ltd's account receivable for the three months ended in Mar. 2016 was $4.24 Mil. Golar LNG Ltd's revenue for the three months ended in Mar. 2016 was $18.65 Mil. Hence, Golar LNG Ltd's days sales outstanding for the three months ended in Mar. 2016 was 20.74.
During the past 13 years, Golar LNG Ltd's highest Days Sales Outstanding was 44.89. The lowest was 0.30. And the median was 10.86.
Golar LNG Ltd's days sales outstanding increased from Mar. 2015 (12.70) to Mar. 2016 (20.74).
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.
Golar LNG Ltd's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as
Golar LNG Ltd's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Golar LNG Ltd Annual Data
Golar LNG Ltd Quarterly Data